Cell-Phone Pricing Model Makes Solar Available in Deep-Poverty Pockets
This is quite exciting: solar systems for remote, off-grid areas in developing countries, set up with near-zero upfront investment and a pay-as-you-go model, converting to full ownership when the system is paid for.
If you’ve read The Fortune at the Bottom of the Pyramid, this will make sense right away. If you haven’t read it, you might want to grab a copy. This is the future: bringing technology to the poorest of the poor, not as charity but as a profitable business model that maintains affordability even among customers who have almost nothing.