Sulico is a for-profit social venture to install community based solar charging stations, and distribute that energy as a service through charged batteries and appliances in Sub Saharan Africa. Sulico utilizes an innovative business model that offers a variety of services matching customers' affordability and need and allows it to scale through locally anchored franchises, which will evolve in micro-grids.
Sulico started at MIT , the hotbed of technology, however, we faced the fact that despite all the technological improvements on solar energy and LED lighting, the market penetration of these solutions in Sub Saharan Africa is still less than 1%. We believe a new business model is the answer. Our community centric business model combines 3 elements of anchoring in the community, catering to the entire community, and growing with the community in order to enable reaching scale.
Sulico started at MIT , the hotbed of technology, however, we faced the fact that despite all the technological improvements on solar energy and LED lighting, the market penetration of these solutions in Sub Saharan Africa is still less than 1%. We believe a new business model is the answer. Our community centric business model combines 3 elements of anchoring in the community, catering to the entire community, and growing with the community in order to enable reaching scale.
What is Sulico?
Stay tuned, more information will be released in the near future!
An evolutionary micro-grid solution for power in rural settings.