In this episode, we speak with Maya Stewart from Yellow Solar Power
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Yellow Solar Power: company website
WEF article on how renewable energy can empower women in rural communities
Company overview: Startup Truth / Africa
We discuss:
The need for solar and off-grid energy solutions in Malawi
The importance of energy for gender empowerment
Podcast summary:
(1:15) Introduction to Yellow Solar Power, Maya's background in marketing and her start in solar lighting technologies, growing demand for solar technologies and shift towards SHSs; the lack of initial interest for off-grid companies to work in Malawi
(4:30) Concerns by solar companies working in Malawi due its low GDP; the beginning of Yellow working to provide electricity to 4m households; their use of PAYG / mobile money technologies and platforms
(7:30) Their lean, bootstrapped approach to starting the company
(8:30) Yellow's agent network: trying to minimise transportation costs; investments in providing news, branding, information and training of their agents; a local-focused approach in high population density areas; agents as the central point of contact for their customers for a 24 month relationship
(13:30) Yellow's digital retail approach: a remote structure, all agents are online and on Whatsapp; applications are all digital
(15:30) Progress of Yellow: Started in 2018 and their faster than expected growth; the importance of fundraising and selling 20k units by September and expecting 50k units by December 2020
(18:30) Their agent scout approach, to bring on new agents
(20:00) Their decision to focus on Malawi; the impact of deforestation in Malawi on the lake and hydropower, reducing the output and reliability of hydro electricity
(23:00) The gender impact in energy
(27:00) How lighting affects women: the need for women giving birth to provide lighting, to look after the sick, to support girl's education, providing security
(29:30) Their approach for trying to encourage more women to join Yellow: the need to have a smart phone to be an employee; their Project Khumbo to encourage women to join; how women agents can relate well with customers and build a strong customer relationship
(44:00) The impact of lack of education for girls in Malawi
(47:00) Maya's background, growing up in Kenya and her decision to move back to Malawi after university
(50:00) Where the name Yellow come from
(51:30) Recommended book/movie: 'The boy who harnessed the wind' - based in Malawi
(52:50) Advice: Understand your customer and know what they want and need; how solar can help to solve other social problems, e.g. urban migration
(56:00) Maya and her husband's love of travelling
(58:00) Prediction: huge growth in off grid electricity in Sub-Saharan Africa, with huge opportunity