Universal Access to Energy – The Future

As of 2018, India claims to have achieved 100% electrification across all states. This does not necessarily translate to the continued supply of power for all and calls for more reliable sources of energy. However, this will result in a shift of consumer demand to grid-connected devices and systems. Therefore, we see the need for loans with larger ticket sizes; from the $50 solar lantern, to the $200 home system and $ 10,000 microgrid for neighborhoods.

Unlocking International Crowd-Investment for the Indian Clean Energy Market

Finance is a significant challenge for clean energy projects in developing countries. Simultaneously, the crowd-investment industry is rapidly growing, driven by persistently low interest rates in developed countries. By building collaborative partnerships with crowdfunding platforms and clean energy companies, Mynergy is pioneering the approach of facilitating access to finance for clean-energy projects through no-collateral loans, better rates, and tenures, whose model focuses on small and medium clean energy enterprises, considered risky by banks.