Hardware Podcasts

Climatetech for developing economies

Catalyst · 27 Oct 2022 · 48m

What this episode covers

Kate Steel, CEO of Nithio, discusses the urgent need to deploy existing clean energy technologies in developing economies, particularly in Africa, to provide electricity access and support economic growth without relying on fossil fuels. She explains that while solar home systems and microgrids are technically ready, the primary barrier is financing, specifically the inability of distributors to assess household credit risk. Steel highlights how Nithio uses data to underwrite this risk and provides receivables financing to scale off-grid solar, while also noting the potential for electric motorbikes to leapfrog fossil fuel transportation.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Nithio, Energy Hub, Bloom Energy, Actuate Climate, Power Africa
Products
Nithio FI

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