energy & environment
Kingo provides a distributed renewable electricity service as a scalable response to one of the grandest challenges facing humanity: ENERGY. The Company has created a sustainable system and go-to-market strategy that unlocks worldwide access to clean energy. Kingo’s vision is to reach 100 million homes by 2035, making it the largest utility in HISTORY. The current focus of Kingo is to bring prepaid electricity services to off-grid communities, as 17% of the world’s population still lacks access to power. Access to energy represents one of the biggest restrictions for progress, as it conforms to the base for all productive activity. These 1.2 billion people pay for the most expensive energy substitutes (candles/kerosene/diesel), making solar more affordable here versus in any other market in the economy. King's first-mover advantage in the off-grid market is the initial step towards introducing the “new age” electric utility worldwide. Kingo has experienced dramatic growth over the last 2.5 years, going from a 450 home pilot in January 2015, to 60,000 homes as of March 2018.
Guatemala City, Guatemala
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