Business

 

The Energy Access Crisis:

1.2 billion people throughout the world do not have access to electricity. An additional 800 million do not have access to enough reliable electricity to fulfill basic household needs like cooking much less participating in the modern world with computers or being able to build wealth through electricity enabled commercial activity. Historically, developing countries have relied on national grids to deliver electrification and in some places that approach has been successful.  However, in the report Brighter Africa: Growth Potential of The Sub Saharan Africa Electricity Sector,  McKinsey calculated that it takes an average of 25 years for a country to go from 20% electrification – the norm in Africa now – to 80% electrification.

“Energy provides services to meet many basic human needs, particularly heat, motive power (e.g. water pumps and transport) and light. Business, industry, commerce and public services such as modern healthcare, education and communication are highly dependent on access to energy services. Indeed, there is a direct relationship between the absence of adequate energy services and many poverty indicators such as infant mortality, illiteracy, life expectancy and total fertility rate. Inadequate access to energy also exacerbates rapid urbanization in developing countries, by driving people to seek better living conditions. Increasing energy consumption has long been tied directly to economic growth and improvement in human welfare.”

UK Parliamentary Office of Science and Technology

The Solution:

To address this crisis, Energicity subsidiaries deploy, own and operate microgrids, powered by solar providing electricity to communities and commercial businesses that need affordable, scalable power.

Energicity provides abundant clean affordable electricity to enable households and communities to thrive.

Operating Companies:

Black Star Logo