This commitment seeks to provide safe and clean energy to poor communities in rural India. By coordinating the efforts of all three parties engaged in this plan, the project aims to develop and scale up a model for providing sustainable and reliable energy for those communities and share this model with social entrepreneurs from other parts of the world in order to replicate it elsewhere.
The project has three components, each with concrete stages from identifying target communities to installation of solar systems and maintenance, all in coordination between the three partner organizations. As a social entrepreneur, SELCO selects the technology to be used, provides training as required to households, creates financing relationships, and utilizes their Innovation Lab to stay leading edge with technology deployment. Each part of the plan has clearly identified benchmarks for determining the impact of the project, and the best practices by SELCO used in the project will be shared with other E+Co entrepreneurs.
This approach and methodology of combining knowledge of the local situation with expertise on economic development and clean energy to create an actionable plan for rural electrification and financial self-sustainability allows the model that the Applied Materials Foundation will be implementing to be replicated successfully in other developing countries as well. The Applied Materials Foundation believes that having access to a self-sufficient and sustainable source of energy will have a positive impact on education, economic development, and the environment, which are the desired outcomes with the 'Electrifying Villages and Schools' initiative.
|Location||India, South Asia|
|Value||USD 1.7 Million|