1.2 billion people on the planet have no electricity at home. Candles, which are inadequate and sometimes dangerous, are often used instead. Kingo Energy works in impoverished areas. They install solar panels with battery storage for free on homes. People prepay for the power at stores or by using mobile apps. Yes, many such homes have mobile phones but no electricity, and had to charge them elsewhere before Kingo.
96% of users pay less using Kingo than they did using candles. The solar power is enough for a few light bulbs, chargers, and perhaps a small television, but not to power a modern house. Still, this obviously makes a huge difference to families that now can have electric light at night.
At first I thought, maybe this is some weird scam on the poor. It’s not. Investors and partners include the InterAmerican Development Bank, US Aid, Leonardo DiCaprio, and more. This is absolutely is a legit operation and it’s already helping tens of thousands. Also, people who already have power can buy a Kingo device for camping, blackouts, off-grid use, etc, and they use the money for more R&D.
Decentralized. Clean. Efficient.
Kingo’s smart energy systems provide access to lighting and electronic appliances. Users pay for daily, weekly, or monthly codes, and can request free system installs and upgrades.
The power of Solar.
Reaching the last mile with no messy wires or inefficient infrastructure. Leapfrogging to the future with Solar Energy + Battery storage, which will become the most inexpensive energy resource on the planet by 2022.