This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Biolite Powers 'Off Grid' Energy Solutions in Emerging Markets

7/28/15 10:00 AM EDT
For those of us in the western world, powering our lives seems almost automatic. But for the billions of people globally living in energy poverty, the lack of large company infrastructure or government investment leaves them with few options. New York startup Biolite is working to change the energy market structure. 'In emerging markets we think that energy is going to be owned by the individual and that it's going to be purchased in these bite sized affordable portions that get owned and controlled at the family level,' says Biolite CEO Jonathan Cedar. Biolite is creating clean energy solutions that allow low income consumers to generate their own 'off grid' power. But with 4 million deaths a year linked to indoor pollution, this new power source cuts out the smoke that traditional biomass fuels produce. Here's how it works: the thermal energy from the burning stove powers an internal fan, which changes the combustion level and generates a clean burning flame. Users can then charge their electronic devices via a built in USB plug. The outdoor camping stove retails for $130 in western markets, whilst the larger home stove is sold in India and sub Saharan Africa for just $50. It’s a business model that Biolite calls parallel innovation.
Stocks in this video: DB
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Top Rated Stocks Top Rated Funds Top Rated ETFs