Founded in 2005, Barefoot Power is social for-profit enterprise based in Sydney, Australia that recently raised a $5.8 million Series B funding round from three social investment funds (the d.o.b foundation, ennovent and the Insitor Fund) in its endeavor to bring renewable energy and efficient lighting at an affordable price to five million people by 2013.
Barefoot Power's solar phone charging and lighting technologies are aimed at breaking the dependence of low income families in developing countries on dangerous and expensive light sources.
In addition to its role in manufacturing and distributing solar energy products, Barefoot Power also provides business development services in developing nations.
Contact Information
Barefoot Power website
Barefoot Power on Facebook
Barefoot Power on Twitter
Ambitious Altruistic Energy Ventures
Barefoot Power Provides Affordable Renewable Light Sources
Trend Themes
1. Renewable Energy Solutions - Barefoot Power aims to bring affordable renewable energy and lighting solutions to low income families in developing countries, disrupting the traditional energy market.
2. Social Entrepreneurship - Barefoot Power's social for-profit model combines business development services with the manufacturing and distribution of solar energy products, creating disruptive opportunities for social entrepreneurship.
3. Sustainable Development - Barefoot Power's mission to provide renewable light sources contributes to sustainable development goals, offering new opportunities for sustainable businesses and initiatives.
Industry Implications
1. Renewable Energy - The renewable energy industry can leverage Barefoot Power's affordable solar energy and lighting solutions to reach untapped markets and drive innovation.
2. Social Impact - The social impact industry can benefit from Barefoot Power's business development services and social for-profit model, creating innovative approaches to address community needs.
3. International Development - Barefoot Power's work in developing nations presents disruptive opportunities for the international development industry to promote sustainable energy solutions and economic empowerment.