BCTA MEMBERSHIP STATUS
Alumni

SECTOR
Energy & Utilities

HEADQUARTERS
South Korea

REGION OF INITIATIVE
Asia & Pacific

SDG CONTRIBUTION

RELATED NEWS

Korean social enterprise Energy Farm is an inclusive business providing renewable energy-based access to electricity for vulnerable individuals in Cambodia and Myanmar.

In Cambodia, nearly 5 million people (one-third of the population) have no access to grid electricity and are reliant on car batteries, wood and other traditional fuels for energy. Similarly, in Myanmar, it is estimated that around 10 million to 15 million people (30 percent of the population) still have no access to electricity and around 12 million rely on traditional biomass for lighting and cooking.

While there is more spending power and demand for electricity in rural areas in these countries, electricity supply through the national central power grid is limited due to the high cost of building transmission lines that reach remote areas.

To tackle this problem, Energy Farm provides sustainable solar generating systems, known as Solar Home Systems (SHS), through an affordable monthly installment plan. By partnering with local organizations on the ground, Energy Farm has been able to widen its reach to low-income customers in rural areas. Energy Farm’s Solar Home Systems create both cost and time savings for its customers as they enable the use of electronic devices over traditional methods for household tasks. Instead of investing time and labour into tasks like collecting firewood and cooking, customers can dedicate their resources to more profitable and educational opportunities. The solar energy products also provide easy access to light during night time.

In addition to saving time for housework, our customers increase efficiency in their small business operations, points out Dae Guy Kim, CEO of Energy Farm. “A Cambodian woman earning her living by sewing bought our Solar Energy Home system and has dramatically increased her output with an electronic sewing machine. She now earns double her previous income,” says Kim.