Steele: About 300 Million Unelectrified People Can Afford Existing Solar Home Systems
Kate Steele · Climatetech for developing economies · Oct 27, 2022 · at 25:07
Kate Steele, CEO of energy financing platform Nithio, explains that universal energy access does not require massive battery breakthroughs to reach half of unelectrified populations.
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“Even of the six hundred million people without access, you know, by our estimates at Nithio, we think about half of those people could afford a financed Solar home system that's available right now.”
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“I think anyone who thinks, you know, very, very low-income people are not aspirational is not talking to anyone who's living in those situations. Absolutely people want cool stuff. People want, like, cell phones that are the latest and greatest, and that actua…”