05 Mar '12, 10am

US Company Makes a Bang With Micro-Grid Power Generation in India

US Company Makes a Bang With Micro-Grid Power Generation in India

Although the payments are small, the company hopes to get back their investment in each micro grid system within 18 months. This is a projected ROI of almost 15% over three years. The two founders of the company, Nikhil Jaisinghani and Brian Shaad have been constantly tweaking their model of business to keep it both simple and cost effective. By 2016, their plan is to electrify 100,000 households. This would equate to installing systems in 50 villages during this year alone, over the next five years it would require installations in nearly 2,000 villages.

Full article: http://www.triplepundit.com/2012/03/company-makes-bang-mi...

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