Social for-profit enterprise Barefoot Power has accomplished its first major milestone of reaching one million people.
When Barefoot Power started operations in 2005, founders Stewart Craine and Harry Andrews set themselves the goal of reaching one million people by 2010.
While it took a few months longer than planned, that first target has been achieved with sales of quality, affordable and safe solar products across 15 countries.
Barefoot Power is well on its way to reaching five million people by 2012 and 10 million by 2015.
More than 1.5 billion people lack access to electricity and Barefoot Power is on a mission to bring affordable renewable energy and efficient lighting to these people – and help eradicate energy poverty in the process, CEO Stewart Craine explained.
“Barefoot Power aims to bring electricity to the millions of people who currently use kerosene lighting and walk long distances for phone and battery charging. We plan to reverse the traditional process of rural electrification while reducing the global carbon footprint,” Mr Craine said.
Barefoot Power is funded through a diverse group of investors and the European Union.
To find out more about Barefoot Power’s products, distribution models and financing opportunities visit www.barefootpower.com
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