There are more than a Billion people on the planet that stay in off-grid areas. While the adoption of solar products is on the rise, the affordability for these consumers continues to be low and they are unable to buy the higher priced solar home systems which can provide the lighting, phone charging, and a fan. MFI (Micro financing Institution) are providing these consumers with micro-credit to be able to buy in installments. To complement this Third Wave Power has introduced a Solar Home System that works on a PAYG (Pay As You Go), works on a monthly payment model, the unit works for a month before the next repayment. This system allows both consumers and distribution partners to enable a utility model using the software capabilities.
Land is getting scarce and there is a push to get more productivity and yield out of the scarce land. In crowded cities trends towards Urban farming driven by key factors such as to get fresh produce, ensuring self-reliance and to keep the environment eco-friendly. In agricultural land & plantations trends to improve yield by having greater control on soil parameters, climate parameters to improve yields for greater returns. Smart agriculture engages advanced technologies such as intelligent sensors, IoT, analytics, Big Data, which helps to actively monitor micro-climate parameters and water/soil parameters. Third Wave Power has developed solar powered nodes and gateways that can monitor the parameters through sensors connected to them and allow farmers to look at the data & information collected, to take decisions to get yield to desired levels. Third Wave Power has implemented many of these solutions in real life situations.
With low cost sensors being available for tracking a variety of information such as micro climate parameters, water levels, there is a tremendous growth in applications to monitor and track various parameters remotely for businesses. Third Wave Power has developed wireless sensor networksolutions and implemented in partnership with businesses to help them track these parameters remotely in real life situations.
Smart Street Lights
All in One solar street lights are getting more popular and have ease of deployment to many off grid areas not covered by street lights. There is an opportunity to add different applications to these offerings such as intruder alarms, push notifications to remote street lights, collecting information from street lights to manage the usage of battery/LED for longer periods effectively, adding sensors to the street light poles and collecting information. Third Wave Power's capability in IoT, combined with its expertise in solar, battery and power electronics allows us to develop innovative products for these applications.