It's an emerging market within an emerging market. Entrepreneurs who can deliver high-quality basic services on the cheap are rushing to meet the pent-up demands of Brazil's 112 million lower- and middle-class consumers.
When you dig down, it's pretty clear why these investment leaders would flock to off-grid solar. With rock-solid economics, an enormous addressable market, and eye-popping growth rates, the opportunity is immense.
After attending the recent gathering of power players in the philanthropic world, known as the Global Philanthropy Forum my head was spinning with facts and figures documenting the magnitude of the seemingly intractable problems the world faces today.
Society cannot continue to cope with prevailing social issues in the traditional way. We need to harness entrepreneurship, innovation and capital to achieve in the social area what they have achieved in the creation of entrepreneurial firms.