Barefoot Power

Barefoot Power[1] [2] is a global brand in Sustainable Living and Climate Action. Founded in 2005[3] by Stewart Crane and Harry Andrews, Barefoot Power was one of the pioneers in the pico-solar industry with the introduction of the Barefoot Firefly Solar Lamp[4]. The company was also one of the first to bring together affordable solar products and micro-finance together to bring lighting to rural communities in Africa,[5] Asia-Pacific and more recently, the Americas. The micro-finance model is an alternative to PAY-GO where credit risk is assumed by a lender while product quality assurance is provided by Barefoot Power. The holding company, Barefoot Power PTY Ltd, an Australian social enterprise[6][7] was placed into liquidation on 25 July 2018.[8] Shortly after the liquidation of the holding company, a group of current and former managers and investors from the early days made a successful bid for parts of the company. Since the main activities have always been in Africa and the South Pacific regions, the company re-established itself with a global headquarters in Nairobi, Kenya under the name Barefoot Power Africa Ltd. Currently, Barefoot Power [9] operates in Ghana, Sierra Leone, Kenya, Uganda, China and the South Pacific region. [10] to off-grid rural communities in developing countries.[11]

References

  1. https://www.lightingglobal.org/products/?fwp_manufacturers=barefoot-power-ltd
  2. http://www.barefootpower.com/
  3. "Barefoot Power | Devex". www.devex.com.
  4. "Barefoot Power wins Ashden awards". Ashden.
  5. Coleman, Susan; Kariv, Dafna (2015). Creating the Social Venture. Routledge. p. 199. ISBN 9781135015091.
  6. "Solar powered start-up Barefoot Power raises $5.8 million in funding". SmartCompany. 18 July 2012.
  7. "Barefoot Power". BCtA. 10 September 2016.
  8. "Notice of Appointment as Liquidator".
  9. https://www.gogla.org/about-us/members/barefoot-power-0
  10. "Barefoot Power". www.bloomberg.com.
  11. OECD (2019). Social Impact Investment 2019: The Impact Imperative for Sustainable Development. OECD Publishing. p. 130. ISBN 9789264311299.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.