Stories,Impact,Social

Solar Sister — Investing in Women Entrepreneurs in Africa

USA, AFRICA

Onalee Duane  October 20 2022

Solar Sister is investing in women entrepreneurs to deliver clean energy directly to homes in rural African communities.

Katherine Lucey, the founder and CEO of Solar Sister, is an Ashoka Fellow and a Draper Richards Kaplan Foundation Entrepreneur. She has been recognized for her work by Forbes’ “50 Over 50 Women of Impact” and Schwab Foundation Social Entrepreneur of the Year. Before becoming a social entrepreneur, Katherine spent over 20 years as an investment banker on Wall Street, providing structured finance solutions to the energy sector. While working for a family foundation installing solar systems in schools and clinics in Uganda, she realized the importance of energy access in people’s lives. With her background in energy and finance and her passion for finding a solution, she created Solar Sister by investing in women entrepreneurs and driving a clean energy revolution that benefits all of us. 

Solar Sister is more than just a social enterprise. In Katherine’s words, “we are a movement of women, men, allies, and partners who care about the well-being of people and planet. The company is making a change by creating a woman-centered network of entrepreneurs to bring clean energy technology to even the most remote communities in Africa. The Solar Sister model, to recruit, train and support women, improves women’s household income, health, education, status and control over resources. Their system allows women to gain confidence, financial independence and respect from their families. Solar Sister’s work has impacted over three million people across Africa by creating a solution for energy poverty. Energy access empowers people through better education, economic opportunities, protection from indoor pollution, reliable healthcare and improved working conditions. Helping women through the clean energy sector is vital for eradicating poverty and achieving sustainable solutions to climate change.

Q & A WITH Katherine Lucey, Founder + CEO of Solar Sister

Mood of Living: Where did you grow up?

Katherine Lucy: Atlanta, Georgia

MoL: Where did you go to school?

KL: I went to school in Atlanta, and then attended the University of Georgia and Georgia State University for undergraduate and graduate school.

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MoL: Where are you currently located?

KL: I am in Great Falls, Virginia.

MoL: Were you always interested in clean energy and sustainability? What sparked your interest in the environment?

KL: I have always spent time outdoors and enjoy hiking and exploring. As I have gotten older, I have become more and more aware of how important having wilderness is and how our modern lifestyles and consumption habits are degrading the few wild places on earth. I am also keenly aware of the inequitable access to energy that powers people’s lives. Clean energy brings together my background in energy and finance with my commitment to support both economic prosperity for all people and good stewardship of our planet. Our future depends on it.

MoL: Why did you decide to leave finance?

KL: I was ready for a new challenge and felt called to do something that aligned more closely with my personal values.

MoL: What inspired you to take the entrepreneurial route?

KL: I am a problem solver by nature. I find entrepreneurship to be a natural extension of that drive to find a solution to the problem that is in front of me.  I am able to bring together my past experiences and knowledge with my curiosity and problem-solving nature to create something meaningful that can bring lasting impact.

MoL: What led you to found Solar Sister?

KL: I was working for a family foundation installing solar in schools and clinics in Uganda and realized that simply access to light can transform people’s lives and that even though we had a practical, affordable, available solution in rooftop solar, most of the people who needed it the most didn’t have access to it. That started me on a journey of figuring out how to close the access gap. And that solution became a network of local women entrepreneurs selling solar to their communities. Creating income for the women, and access to energy for the households in the community. 

MoL: How did your background in finance help you start this business?

KL: My background in finance taught me how to bring people together to solve a problem, draw on a diversity of talent to get the best ideas, and how to build a sustainable economic business model that can be scaled to create meaningful outcomes. Solar Sister serves as a great example of how women can truly empower one another.

MoL: What advice can you give to those who want to make a change in their communities or elsewhere?

KL: Women have so much knowledge and understanding that is often overlooked, especially in technical or business fields. It is so important not to overlook their wisdom and acknowledge their contributions. When women support each other, we have the power to change the world. 

MoL: How does sustainability play a role in your everyday life?

KL: I am on a continuous learning journey of how to live more sustainably. As a mother and now, a grandmother, I am more aware of our responsibility to hand over a healthy planet to our children than ever before. 

MoL: What do you envision for the future of Solar Sister?

KL: Solar Sister is more than just a social enterprise, we are a movement of women, men, allies, and partners who care about the well-being of people and planet. Our mission is to eradicate energy poverty by empowering women with economic opportunity. We are creating a deliberately woman-centered network of entrepreneurs to bring the breakthrough potential of clean energy technology to even the most remote communities in rural Africa. We believe everyone, everywhere deserves clean energy. We know women can transform their communities. Together, we are democratizing light and energy. And we are leaving no one behind.

Women-on-bikes

MoL: What advice do you have for entrepreneurs who want to make an impact with their businesses?

KL: My advice is first to be curious about the world around you and begin with the problem that presents itself to you. Then let the problem guide you. If you are humble and set aside your preconceptions, you open yourself up to new ideas and creative solutions.

Photography courtesy of Solar Sister

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