Saturday, September 19, 2015

Decentralised Energy Solutions for Underserved Households and Institutions
Their website
From The Guardian:"ONergy’s business model focuses on three core areas: technology, energy infrastructure and financing. In the technology sector, the company manufactures and distributes a proprietary line of solar-powered products including irrigation pumps and micro cold storage for agriculture, AC and DC micro grids to support livelihoods, TV and computers for digital access and learning. The RECs provide a complete energy infrastructure able to deliver custom-driven solutions to ONergy’s clients. Finally, to make solutions affordable, ONergy facilitates financing by partnering with both banks and micro finance institutions. In addition, with the support of international organisations, ONergy has set up a revolving energy corpus to facilitate low cost credit to monetary financial institutes (MFIs) and rural entrepreneurs.
Founded in 2009, ONergy’s three-pronged business model has already had a positive impact on 250,000 people in the regions where it currently operates. Its solar lighting, home electrification and cooking solutions alone are being used by more than 200,000 people. Solutions for agriculture are helping more than 4,000 farmers. Computers, water heating systems and other products are being used by more than 15,000 people and micro grids are helping another 8,000. The company has trained more than 600 rural entrepreneurs for its Renewable Resource Centres and its products have saved approximately 13,000 tons of CO2 emissions. "

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