How solar panels at banks are improving lives in rural India
POSTED August 30, 2022
How solar panels at banks are improving lives in rural India
Villages in India are addressing climate change and improving access to financial services
The power supply in rural communities in India is changing, helping neighbours and the world. This is thanks to solar panels, which are simultaneously cutting carbon emissions and improving community services, reports Thomson Reuters Foundation.Â
More than 900 solar panel systems now power rural banks in India, introducing more than six-million people to formal banking.
The change has had a big impact on communities, which no longer have to worry about delays in everything from the payment of pensions to student scholarships.
Meanwhile, the environment is benefiting tremendously from the change. The solar systems installed at banks around India are cutting about 3,000 tons of carbon emissions annually, Kakumanu Prathap Sagar, manager of operations at E-Hands Energy who installed the panels, is noted as saying by Thomson Reuters Foundation.
In India, we’re developing land overtaken by weeds and using desilting tanks to clean water for agriculture. We’re also creating an android app for youth with tips on living a low-carbon lifestyle and building climate resilience.
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