FastCompany Magazine

The official Tumblr of Fast Company.

How To Power 10 Million Off-Grid African Homes In 10 Years
Taking cues from the pay-as-you-go mobile phone market, Erica Mackey and Off.Grid:Electric are working to deliver clean, affordable energy to the world’s rural poor.

"The poorest people people pay the most money for the dirtiest power," says Mackey, the 30-year-old COO. "And these people are technically the most risk averse, because anything they lose is a huge hit to them. What we do is centralize that risk. And that allows us to serve the people the national grid doesn’t find profitable."

Find out how they plan to do it here.

How To Power 10 Million Off-Grid African Homes In 10 Years

Taking cues from the pay-as-you-go mobile phone market, Erica Mackey and Off.Grid:Electric are working to deliver clean, affordable energy to the world’s rural poor.

"The poorest people people pay the most money for the dirtiest power," says Mackey, the 30-year-old COO. "And these people are technically the most risk averse, because anything they lose is a huge hit to them. What we do is centralize that risk. And that allows us to serve the people the national grid doesn’t find profitable."

Find out how they plan to do it here.