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Global opportunity explorer

Global Opportunity Explorer2019 Insights

A celebration of on-going activities on the Global Opportunity Explorer

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TRINE’s fin­an­cing model makes it easy to in­vest private cap­ital in solar pro­jects in the de­vel­op­ing world.

TRINE’s crowdin­vest­ing model for fin­an­cing solar en­ergy solu­tions provides elec­tri­city to com­munit­ies that can­not bear the up­front costs them­selves, while de­liv­er­ing a fin­an­cial re­turn for in­vestors. With an investment minimum of only $25, the start-up makes it easy for even small-scale in­vestors to profit from con­trib­ut­ing to im­prove ac­cess to re­new­able en­ergy in de­vel­op­ing coun­tries, in the pro­cess also im­prov­ing live­li­hoods, and mit­ig­at­ing CO2 emis­sions from sources such a ker­osene.

TRINE care­fully vets po­ten­tial pro­jects so it can of­fer sound in­vest­ment op­por­tun­it­ies to cus­tom­ers. Since its launch in 2016, the plat­form has helped fin­ance pro­jects for worth more than €500,000, de­liv­er­ing electricity to more than 48,000 people and re­du­cing CO2 emis­sions by 7,000 tonnes. The im­pact from a pi­lot in­vest­ment pro­ject saw 180% more girls go­ing to school and a 72% re­duced us­age of ker­osene.

Why you should care

En­ergy poverty is a crit­ical is­sue for 1.2 bil­lion people in re­mote com­munit­ies around the world.  Many solar en­ergy en­tre­pren­eurs in de­vel­op­ing coun­tries are wait­ing to be able to scale their busi­ness with fair loans at reas­on­able interest rates. The solu­tion fills a fin­an­cing gap and demo­crat­izes fin­an­cing of solar en­ergy, of­fer­ing the po­ten­tial to re­place ker­osene and other harm­ful fuels.

How the Global Goals are addressed

Good health and well-being

By introducing a replacement for kerosene, TRINE can help reduce deaths in households linked to burning solid fuels for cooking.

Affordable and clean energy

Clean, decentralized electricity from solar panels is funded by a low interest loan system making it available to more households.

Industry, innovation and infrastructure

Small-scale solar power catalyzes economic growth by providing cheap and clean electricity. It also reduce challenges of expensive power infrastructure.

Sustainable cities and communities

Delivering solar power early on during the urbanization transition helps facilitate a sustainable urban growth trajectory.

Climate action

According to the organization TRINE, this small-scale solar power solution is estimated to save 3.7 million tons of CO2 annually by 2026.