Iluméxico
Iluméxico
Expanding solar energy solutions in off-grid rural communities in Mexico.
BCTA MEMBERSHIP STATUS
Alumni
SECTOR
Energy & Utilities
HEADQUARTERS
Mexico
REGION OF INITIATIVE
Latin America & Caribbean
SDG CONTRIBUTION
RELATED NEWS
Iluméxico, the Mexican social enterprise focused on solar power, has joined the Business Call to Action (BCtA) with a commitment to bring its Solar Home Systems to 50,000 off-the-grid rural homes and approximately 300,000 people by 2020. This commitment includes the creation of 180 new jobs, of which 90 will be designated for women and 70 will be based in rural communities.
The company plans to increase its 'ILU Centros' support network from 5 to 50 locations nationwide and strengthen alliances with both public and private institutions. Anticipating up to 70 percent growth within the next five years, Iluméxico also plans to expand its business into two new Latin American countries by 2020.
More than three million Mexicans 600,000 households live in remote, rural locations. Their geographic location and isolation make it difficult and expensive for government infrastructure and electrification projects to reach them. Iluméxico's business model taps into this unmet need through the design and manufacture of a wide range of solar systems for bottom-of-the-economic pyramid markets. Approximately 60 percent of Iluméxico's customers are indigenous and all live in isolated areas in communities of less than 100 households.