Posted in | News | Solar Energy

Eureka Forbes and CarbonSoft Introduces Solar Program for Underprivileged in South India

Carbon-investments.co.uk, a portal for carbon investments, has appreciated a recent solar initiative to be executed in South India by Eureka Forbes, which markets sustainable home products in India and CarbonSoft, a company involved in integrating carbon credits.

The companies will generate income using carbon credits and use it to provide lighting and solar lamps in South India. The solar lamps, Eurodiya, are produced by Eureka Forbes.

The portal has noticed that developed countries overuse electricity, while more than 1.3 billion people in the world live without power yet. Instead, they still use unsafe and costly kerosene for light and heat. Further, about 190 Mt of CO2 is released from kerosene per year, which is equal to emissions released from 30 million cars.

The aim of the companies is to market more than 158,000 eco-friendly, long-lasting and inexpensive solar lamps to south Indian homes. CarbonSoft has said that when energy efficient solar lamps are used instead of kerosene lamps, it is anticipated to reduce 80,000 t of CO2 emissions and produce the same amount of carbon credits. In turn, the income from the awarded carbon credits will be utilized to offset the price of the lamps, which can be purchased by very poor people.

Further, the portal states that more public and private finds must flow into energy sustainability in order to reach the poor people. Moreover, the portal motivates the local and regional governments to include projects such as Eureka’s lighting objective to meet their long term national energy efficiency targets.

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.

G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Thomas, G.P.. (2019, March 01). Eureka Forbes and CarbonSoft Introduces Solar Program for Underprivileged in South India. AZoCleantech. Retrieved on December 09, 2024 from https://www.azocleantech.com/news.aspx?newsID=16591.

  • MLA

    Thomas, G.P.. "Eureka Forbes and CarbonSoft Introduces Solar Program for Underprivileged in South India". AZoCleantech. 09 December 2024. <https://www.azocleantech.com/news.aspx?newsID=16591>.

  • Chicago

    Thomas, G.P.. "Eureka Forbes and CarbonSoft Introduces Solar Program for Underprivileged in South India". AZoCleantech. https://www.azocleantech.com/news.aspx?newsID=16591. (accessed December 09, 2024).

  • Harvard

    Thomas, G.P.. 2019. Eureka Forbes and CarbonSoft Introduces Solar Program for Underprivileged in South India. AZoCleantech, viewed 09 December 2024, https://www.azocleantech.com/news.aspx?newsID=16591.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.