»Solar for All« Initiative

The Challenge

Presently 1.1 billion people worldwide, mostly in developing countries, live without access to energy. Especially in developing and emerging countries the shortage of electrical power supply detains large parts of the population from overcoming their poverty. Particularly in rural areas many qualified skilled workers and small-sized businesses have to abstain from using electrical machines. They are limited in the production of goods and denied a progressive development. To this day, many of the produced and badly needed groceries spoil in the heat because of the lack of refrigeration and conservation. Without energy for the cold storage of medication and vaccines, even elementary health supply is lacking.

The Solution

Modern energy fulfils basic needs, but is also a necessary motor for socio-economic development. Electricity advances developmental factors such as small business development, access to appliances (e.g. refrigeration), extended operation and working hours, access to communications, more security, enhanced education levels and rural development. Energy can improve the life of millions.

The Opportunity

»Solar for All« is a global initiative that wants to take a big step ahead in making solar energy affordable to the 1.1 billion people without access to electricity. Hence, the »Solar for All« initiators have developed a strategy to advance change through venture philanthropy: A contest to surface well adapted affordable technology.

Until today the solar PV industry has focused mainly on the on-grid market, whereas the off-grid sector is a niche market accounting only for 3% of the world market. »Solar for All« aims to make tangible impact on the PV industry, the financial sector and rural development fully recognizing the important social and economic value proposition of clean decentralized energy for our world's villages.