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Ideas We Like

Some of the ideas we have found very interesting and deserve applause for the unique combination of technology and business model innovation.

Sun Edison
SunEdison, LLC, headquartered in Baltimore, Maryland, provides financial and installation solutions for solar projects to the public, private, and municipal sectors. Using available incentive programmes, straightforward structured financing, and socially responsible investors, SunEdison packages solar to ‘host’ customers in a way that provides competitively priced solar energy with none of the hassles or risks associated with system ownership. SunEdison helps customer achieve predictable energy pricing for the long-term, without the upfront costs required by traditional solar product vendors.

SunEdison is a private corporation whose primary business is to finance photovoltaic installations on commercial roofs. The power generated is sold to the roof owner at a fixed price while SunEdison retains ownership of the renewable energy credits (RECs) produced. Since the revenue from selling power is insufficient to recover the costs of the installation, SunEdison relies on selling the RECs for profitability.

Power Purchase Agreement and innovative financing, combined with Carbon Credits may be a viable solution for India soon. The attempt to build India’s first solar housing complex in Kolkatta is an interesting move in that direction.

Better Place
Better Place’s model means consumers subscribe to transportation as a service, much like they do today with mobile phones. Auto companies make the electric cars that plug in to the Better Place electric recharge network of charging stations and battery swap stations. Energy companies provide the network’s power through growing renewable energy projects. And Better Place provides the batteries to make owning an electric car affordable and convenient.

The Better Place business model is one most of us already experience every day - with our mobile phones.

Think of it like this: we pay mobile providers for minute-by-minute access to cell towers connected together in cellular networks. Truth is, we pay comparatively little - or next to nothing - for the phones themselves. After all, what you’re really buying is air time, not a box with buttons.

The same model works for transportation. Just replace the phone with an electric car, replace the cell towers with battery recharge stations, and replace the cellular networks with an electric recharge grid. Now you’re buying miles, not minutes.

Can we adopt a similar model in India – not for cars, but say for auto rickshaws?

Dlight Design
The use of kerosene lamps has caused countless disabilities and loss of lives.  Kerosene lamps are a poor and unreliable source of light that emit smoke and create unhealthy home environments. They depend on kerosene fuel, which is expensive for the rural family. There are 1.6 billion people worldwide who still use kerosene as their exclusive source of light.  D.light aims to be a world market leader in off-grid lighting and power solutions, unceasingly serving our customers with innovative products that improve their lives.

E+Co makes clean energy investments in developing countries.  With 15 years of experience and offices in 10 locations, E+Co's innovative business model provides lasting solutions to climate change and poverty.

Tendril brings 21st century efficiency to the energy industry. Our technology facilitates a dialog between consumers and suppliers through an energy ecosystem that connects in-home devices (like thermostats) to the utility back office. The Tendril Residential Energy Ecosystem (TREE) enables consumers to better understand their energy consumption patterns and empowers them with the ability to make a difference. TREE allows energy suppliers to establish a deeper relationship with their customers and deploy smart energy conservation programs designed to meet the individual needs of their consumer.

Google is soon launching its PowerMeter. Can we create a scalable Indian solution for the same?

Energy Innovations
The Energy Innovations mission is to deliver cost effective, grid-competitive solar electric power.

The immediate goal is to reduce the payback time for a solar power system so that it becomes a sensible and logical investment to electricity users around the world, whether they are grid-connected or not. The strategy is to exceed the cost-effectiveness of existing photovoltaic-based systems through innovations in both the collection of solar energy and the generation of electric power from it.

To execute this strategy, they have developed a compact tracking system to concentrate solar energy and a customized photovoltaic cell designed to work efficiently under concentrated sunlight. Their first product is a fully-integrated CPV system which we are testing extensively to ensure long life, reliability and ease of installation. One generation of the Sunflower has received UL Listing and subsequent generations will be held to the same standard.

E-Fuel was founded in 2007 by entrepreneur Tom Quinn and ethanol scientist Floyd Butterfield to create the world's first home ethanol product for people who want to break their dependency on oil. E-Fuel has created a business model and product design that makes home ethanol access practical and cost competitive against gasoline. To achieve this, E-Fuel focused on three goals:

  • Removing the costly oil infrastructure from the process of producing and delivering ethanol.
  • Use of carbon credits to reduce pricing of ethanol feedstock.
  • Stimulate ethanol demand through low cost of ethanol fuel (under $1 per gallon).

Helping build the most feasible solutions for energy problems.