【AEA 2017 Alumni】
Claro Energy was established in early 2011 with the goal to disrupt the farm irrigation sector in India and later globally. Claro provides solar irrigation solutions to farmers replacing expensive Diesel Engines/Pumps. Besides being expensive Diesel based pumps pollute extensively and use additional carbon footprint in Diesel supply chains. Claro’s Intellectual property enables revectoring horizontal Solar solutions such as Solar grids, pumps into a custom specific usage model namely agricultural irrigation. Claro believes that agriculture will be one of the largest use cases of Solar power.
Over the past 6 years they have deployed over 7000 solar irrigation pumps across 15 states in India. They are also driving a lot of business model innovation in this space and some of their work (‘Solar Irrigation As A Service’) has already received global recognition such as with USAID, Skoch Achiever Award, Giz Germany. Over the next 2 years, they’re likely to deploy another 30,000 solar irrigation pumps across India and Globally impacting over 500,000 rural lives. The company is looking for support from investors, lendors and technology companies to help them rapidly scale in this unconventional sector.