Energy is tantamount to the development of poor nations. Several sectors rely on energy — from lighting schools and hospitals, powering farms, manufacturing facilities, maintaining water sanitation plants to keeping emerging businesses afloat. Mobile telecommunications has become a fundamental part of successful business — especially, the business of global development.

IFC, the private sector arm of the World Bank Group, plans to invest $7 million to the clean energy company, Fluidic Energy, which is a company for the research and development of new climate-smart batteries that power cellular phone networks in developing countries. The rechargeable energy sources are promised to be a solution that is both cost-effective and power-efficient. As the technology will reduce costs of powering mobile networks in rural areas, the battery is also a cleaner alternative to diesel generators and lead-acid batteries. In result, it is less damaging to the environment for it leaves a smaller carbon footprint.

The technology is currently used in Indonesia and other South East Asian countries. The hope is that the technology will branch out into the rest of Asia and South America. Fluidic Energy, the Arizona-based company, is a fine example of private businesses working in tandem with The World Bank Group for the common goal of global development.

Providing sustainable energy to telecommunications is a development that is promised to open new frontiers in other sectors where sustainable energy can be a progressive alternative.

– Malika Gumpangkum

Sources: IFCPressRoom, thegef
Photo: Panos