![]() We also believe it is unacceptable there is more than two billion people in the world without reliable energy access. ![]() – We fully agree that climate change is one of the most important problems facing humanity today. In developing countries, it is more a question on mitigating the consequences, what is your view on this? Climate change is one of the most acute issues that needs to be solved. With larger investments (made more affordable through the Pay-Go financing business model), customers could now get products to charge their phones, to run a TV or a radio, to cool off with a fan, and to be able to power various other appliances that could continue to improve their quality of life. Once customers got access to quality lighting and were able to save money by not having to buy kerosene, it increased their spending power and also created a demand for more of what solar could enable. ![]() This simple product would radically transform people’s lives, and it helped customers to see the kind of transformation solar could enable in their lives. Because of the high efficiencies of LEDs, this required only a very minimal amount of solar panel, often less than 1 watt. We started d.light with a product that filled one of the most basic needs of lighting. You refer to something called “climbing the energy ladder, what does that mean? We have therefore seen a strong increase in demand in the market for products with less functionality but at lower price-points to match their ability to pay. But at the same time, the ability of customers to pay has decreased with more limited economic activity. – With customers spending more time in their homes with curfews and lockdowns in place, the need for d.light’s products have increased. The pandemic has struck the world hard, can you elaborate on how the pandemic has affected the demand for your goods and services? The have sold more than 25 million products in over 70 countries, which have led to increased access to lighting and energy for more than 125 million people. By today d.light has shifted to a product, distribution, and financing solar energy company. ![]()
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