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Smart Power, Big Opportunity

2/29/2016 : Courtney Blodgett, Vulcan Impact Investing

Smart Power, Big Opportunity

2/29/2016 : Courtney Blodgett, Vulcan Impact Investing

Rural electrification in Africa poses an opportunity for both strong investment and strong impact. Paul G. Allen’s Vulcan Impact Investing (VI2) offers a few early insights into factors for success. VI2 owns 10 solar powered microgrids in rural Kenya and has seen two crucial factors, which can make or break the profitability of the microgrids: diversity of economic activity and seasonality.

Vulcan’s microgrids are operated on SteamaCo‘s smart metering platform, giving Vulcan live data and the insight needed to understand factors influencing demand. The micro-grids provide electricity for approximately 325 direct users and 2,000 indirect users. 

Read more of Courtney's blog here