SOLAR GRIDS FRANCHISE HOW TO

OMC is an established micropower company in India that builds small-scale power plants with renewable sources where there is no reliable power grid.

SOLAR GRIDS FRANCHISE HOW TO

Can we learn and adapt the well-established practice of franchising? Can we help the development of the business method and relationships that could accelerate the pace of off-grid electrification? These are few of the questions for which we seek answers during this E-Discussion.įocus areas: Is the Franchise approach relevant for A-B-C business models? What are the different types of franchise approaches and their respective modalities? What kind of capacities are required from potential franchisees? What are the benefits of franchise approach in terms of scaling up? What specificities should a franchise model address in order to be relevant for A-B-C business models? What are the key start-up barriers for franchisees and franchisors? How to match-make rural entrepreneurs with franchisors?Īnil Raj, CEO and Co-Founder of OMC Power. What can we learn from other sectors to help design these business models for the energy sector? How can entrepreneurs who have created unique business solutions and are successfully running their companies in a few villages, scale-up or replicate? How can we engage small private enterprises that exist in most rural areas in becoming local energy service providers? Reinventing the wheel, village-by-village and country-by-country is not necessary. A confluence of factors including, recent advancements in renewable energy based generation and storage technologies, development of mobile-phone enabled metering, payment and customer management solutions, availability of high-efficiency household appliances and reduction in costs of these technologies, is creating a unique opportunity for the private sector. Despite some obvious and major differences between the energy sector and others, there is room for inspiration and there is a rural customer to be served. Around the world, even in rural areas with no access to electricity, industries such as telecom, consumer goods, appliances and automotive are reaching their customers using a network of retailers, distributors, local partners and agents. Reaching millions of customers is not a new challenge for the private sector. As you are aware, we continue to implement a multi-year initiative to explore and support commercially viable business models for private sector engagement in providing energy services to rural, off grid customers. Yet notable barriers remain for unlocking private sector participation in energy access. The IEA estimates that more than $50 billion annual investment is needed to achieve universal energy access by 2030, much of which will be mobilized from and directed toward the private sector. Engaging the private sector to define and implement financially sustainable business models could play a pivotal role in accelerating off-grid rural electrification.

As noted by the SE4All initiative, 1.3 billion people-one in five globally-lack electricity to light their homes or conduct business.

Solar grids franchise