There are few things hotter than BoP. One of them may be renewable energy, particularly solar (no pun intended) and wind. Well one would imagine that anything that combines these two fields of unusually high interest that there would be a flourish of activity on the ground. Not so fast argues Kenneth Westrick, CEO of energy consulting group 3Tier, who says the real thing the field of BoP renewable energy needs is more information.
To respond to this need, 3Tier has created an interactive map that visualizes the best areas to build renewable energy plants all over the world. Nextbillion writes:
Ken contended that what the renewable energy sector really needs right now to successfully tap BoP markets is a map. In particular, the online map that 3Tier launched on Monday – this technology will utilize the most recent available research to show in any given 5 km space anywhere in the world the viability of wind and solar energy based on how much sun or wind that area is exposed to on a regular basis.
This effort by 3Tier intends to map the entire world in only the less than two year to prove to potential investors that numerous opportunities for scalable investments exist throughout the world’s emerging economies. Such efforts that are global in scope provide some hope that the developing world could actually achieve the same leapfrogging with energy that they did with mobile phones (key word some).