The Economist investigates how Africa can leapfrog straight to cheap renewable electricity and mini-grids with help from off-grid solar companies like Azuri Technologies.
Two-thirds of the African continent are without access to reliable electricity. Creating new technology that overcomes this problem are desperately needed. The electrifying growth of rooftop solar energy is now sparking another round of innovation, some of which may in time travel back to the rich world.
Azuri Technologies has solved a development problem with a business solution by creating a mini-grid and energy efficient appliances and services that runs completely off solar energy. The feature article also discusses Azuri innovative technology Homesmart™ is an artificial intelligence systems used to forecast how much power each household will use that evening. It then subtly adjusts the brightness of lights or the television to reduce power consumption on cloudy days.
Cambridge Independent: $26m investment for Azuri Technologies will help it extend solar home solutions in Africa
Azuri Technologies, the Milton-based pioneer of solar home solutions for off-grid homes in Africa, has [...]
Cambridge solar power company Azuri Technologies has raised $26m (£20.5m) in a funding round to [...]
Led by Marubeni Corporation, financing will accelerate Africa’s transition to clean, distributed and affordable energy. [...]