Here we review the current status of Selco. Harish and his company have completed 80,000 installations with plenty of room for growth. They have 25 service centers, and just over 140 employees. SM: What stage are you at now? How many installations have you done, how many employees do you have, what is the level
Microfinancing structures are an area of interest for me. With Selco, Harish has had to tap into various microfinancing structures. He describes these in a bit more detail, as well as how he leverages outside help to promote his cause. SM: Let’s talk about financing a bit more; microcredit, microequity, microfranchise – the microfinance structures
Here Harish provides us with a case study of his business model. This is just one example, and they have 80,000 installations, so you can appreciate the impact Selco has had. SM: A lot of our readers likely have no idea what a very poor village in India looks like or what issues they deal
Selco has faced some significant challenges, as you might imagine. Here we talk about some of the second-phase obstacles that Selco is in some ways still working to overcome. SM: Were there any other obstacles that stand out? HH: Another obstacle we faced was making the transition from solar lighting to solar power. One of
Here we delve into the philosophy behind Selco – what makes the company what it is. We explore not only the operations philosophy, but also some of the social and cultural philosophies of the company. SM: Can you explain the business of Selco at this point to us? HH: The whole philosophy of Selco is
Harish focused on creating an energy solutions company in rural India. Here, we discuss locations and other issues of getting Selco off the ground. SM: When you moved back to India, where did you set your headquarters? HH: We headquartered in Bangalore. My mother is from Karnataka, so it was a choice between Orissa and
Dr. Harish Hande is the co-founder of Selco, a rural sustainable energy company which has over 80,000 installations and 25 retail sales and service centers all over Karnataka, a state in Southern India. Among its many accomplishments, Selco has created India’s first rural solar financing program using regional banks. I recently talked with Harish about
To conclude our interview, I asked Tom what role he sees SunPower playing in the alternative energy marketplace, and the impact the company may have in alleviating some of the challenges we face with potential energy shortages. SM: Let me ask you the big question now. What role do you see SunPower playing in the