#292: Acumen Investee Brings Solar Power To Masses In India
September 3, 2015 - Read the full Forbes article and watch the interview here: http://onforb.es/1O9gMEg. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Damian Miller wants to transform emerging market economies from fossil-fuel dependent to self-reliant on clean solar energy. Miller isn’t just a dreamer; he’s making it happen. As the founder and CEO of Orb Energy he’s quickly scaling up his business in India and recently launched in Kenya. He is also a recent recipient of the SAP Social Entrepreneur Fellowship in collaboration with Acumen. He explains Orb’s mission as follows: Our company’s mission is to make solar energy affordable, accessible, and hassle-free to millions of customers looking for a better energy alternative. To do this, we first design and manufacture our own products for superior quality and cost. Then to deliver and install them to our customers in the right way, we have set up our own branch network – which is totally unique in the the solar market in India. This network is key to gaining customer trust, and effectively providing after-sales service. Finally we team up with banks for financing, but we are now looking at ways of bring this critical activity in-house to make it more streamlined. Miller is also looking for help, he notes, “We are looking for investors, who believe in and share our mission for emerging market economies. Emerging markets are where the bulk of future greenhouse gas emissions will come from, and where there is an enormous opportunity – based on the prevailing solar resource and still emerging infrastructure – for solar to gain an early foothold. We hope that others will join us, so that we can strengthen and accelerate our activities.” Please consider whether a friend or colleague might benefit from this piece and, if so, share it.