Page 21 - Status Report
P. 21

The Context


               Despite decades of effort, around 2.8 billion
               people worldwide still rely on solid fuels such
               as wood, dung and coal to meet their basic
               domestic energy needs. Use of solid fuels
               for cooking is responsible for an estimated 4
               million premature deaths every year. In India,
               over 160 million households, constituting 70%
               of the population, are cooking on polluting
               cook  stoves/indoor  open  fires.  Over  50
               million households do not have access to
               reliable electricity. These households are a
               representative of the high demand for clean
               cooking and power generation. For cooking,
               rural Indians use mud stoves with firewood,
               cow dung or biomass for fuel. Women build
               mud  cook  stoves  for  free  but  pay  huge
               recurring costs in terms of health, and lose
               productive hours lost on collecting fuel and
               drudgery. Alternatives for lighting in households
               with poor grid connectivity come from the use
               of kerosene lanterns, which are inefficient and
               harmful.


               The Initiative

               Greenway’s improved biomass cook stove employs thermo electrics that powers a fan, providing
               cleaner combustion for healthier cooking and excess electricity for household needs. The Greenway
               Power Stove utilizes the residual heat generated while cooking and converts it into electrical energy,
               generating about 8W net power. With typical cooking times of 2-3 hours per day, 16-24Wh of power
               can be generated on a daily basis. This can charge any mobile phone or battery-operated electrical
               device, supply a 1-2W LED light with enough charge to illuminate a room for 6 hours and cook a
               delicious meal in a cleaner, healthier and less smoky kitchen.

               The Outcome

               Greenway has set up a manufacturing facility in Vadodara and currently the factory has the capacity
               to manufacture about 30,000 stoves in a month. It can also produce both the TEG (themo-electric
               generator) module and the power stove in-house. Greenway has thus far sold close to 400,000
               Greenway Stoves with cumulative stove sales revenue of over INR 50 Crore. Greenway has since
               raised USD 2.5 million in venture capital.


























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