(a)Entrepreneur background: A social entrepreneur from India, who cofounded selco India in 1995. He was awarded with the Ramon Magsaysay award for 2011 for “his hardheaded efforts to put solar power technology in the hands of poor, through his social enterprise SELCO INDIA. He was born in UDIPI district, KARNATAKA and brought up in ROURKETA, ORISSA,INDIA. He studied his basic schooling in Orissa in ISPAT ENGLISH MEDIUM SCHOOL, he went to IIT KHARAGPUR for his under graduation studies Energy Engineering and graduated in 1990,then he went to U.S. to do his master’s and later did PH>d in Energy Engineering at the University of Massachusetts Lowell.
(B)Impact of the entrepreneur:
Harish Hande founded SELCO India …show more content…
It is the experimental arm of the company formulating innovative ideas in technology, finance and operational management and working with external networks of partners (NGOs/Technical/Academic Institutions).Integrating the skills of these various players brings SELCO INDIA closer to new customers segments, identification of energy related problems creating innovative solutions (technology or finance) offering innovative solutions to an untapped and often neglected market.
The core of SELCO and its innovation department is to provide customized solution based on end user needs. By establishing partnerships and innovating we recognize the need to inter-connect products and services and adding value through a network to subscribe to customized end user needs based model.
A selco system consists of a panel, a battery and a charge regulator. It can power low voltage appliance such as lights, fan, television sets, mobile chargers and radios. The solar panel’s batteries get charged during the day and store the energy- which allows the system to keep functioning for about 12 hours without being recharged. It is eco-friendly in other aspects too: a system using, say, three solar lights cuts kerosene usage by four to six liters a month and thereby reduces tones of carbon dioxide emission over 20 yrs., says SELCO …show more content…
Simultaneously, Hande is pursuing the notion of seed-funding aspiring young entrepreneurs from rural India who have business ideas linked to fighting poverty.
• HOW DOES THE PRODUCTS OF SELCO INDIA HELPS SOCIETY TO GUIDE ON BRIGHT FUTURE
Products of Selco India help society in followings ways:
• As it is less costly so poor people will buy the products and they are of indeed necessary in today’s world
• Poor people will get light bulbs and have access to use other electronic products by using solar energy.
• Solar energy is one of the nature’s resources which have no cost to use and it is in excess. we are not using this resource at its best, so by this means we are also saving our environment by not burning coal, diesel and petrol for electricity.
• By products of Selco India, the poor families of rural areas will get benefits like they will get electricity and if the company is setting up the business unit in that specific rural area then people of that area will also get job opportunities which is one of the motive of SELCO