Solar power opens the door to banking for rural Indians – Economic Times

(This article first appeared in the Economic Times on August 4, 2022)

  • Going to the bank in his home village in western India used to be a slow, frustrating process for Kiran Patil, as frequent power cuts, sometimes lasting for days, turned what should have been a quick errand into a lengthy ordeal. All that changed after the building was fitted with a set of solar panels and backup storage batteries in 2018, breaking the bank’s reliance on the power grid and giving it a steady supply of clean electricity…

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