{Electrifying India, With the Sun and Small Loans - The New York Times}

Title{Electrifying India, With the Sun and Small Loans - The New York Times}
Publication TypeMiscellaneous
Year of Publication2016
AuthorsBearak M
KeywordsB. Prasad, Electric Light and Power, Harish Hande, India, Modi Narendra, Robert Stoner, Solar Electric Light Company (Selco), Solar energy
AbstractThe idea behind Selco, and other companies like it, is to create a business model that will help some of the 1.2 billion people in the world who don't have electricity to leapfrog the coal-dependent grid straight to renewable energy sources. About a quarter of the world's off-the-grid people, or 300 million or so, live in India, mostly in remote, rural communities like Paradeshappanamatha, or in informal urban settlements. Hundreds of millions more get electricity for only a few hours a day. Prime Minister Narendra Modi has pledged to achieve universal electrification in India by the end of 2022. His main effort is adding hundreds of new coal plants, which have contributed to near-apocalyptic pollution levels across large swaths of the country.
URLhttp://www.nytimes.com/2016/01/03/business/energy-environment/electrifying-india-with-the-sun-and-small-loans.html?{&}moduleDetail=section-news-0{&}action=click{&}contentCollection=Asia Pacific{&}region=Footer{&}module=MoreInSection{&}version=WhatsNext{&}