Subscription to United Nations Goals
In 2015, the United Nations has identified 17 distinct sustainability goals to be implemented by 2030, “which are an urgent call for action by all countries - developed and developing - in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests scarcity of water impacting many regions of the world”.
LIT’s Concentrated Solar Power technology can directly contribute to at least 8 of these goals and this by delivering clean water, waste remediation, green power sources, and low-cost cooling to any region of the world.
LIT has already commercialized the first Concentrated Solar Power devices and demonstrated their value proposition with key customers in the mining industry. The current pipeline for LIR promises potential very high revenue on yearly basis. The cumulative Total Addressable Market of the business plans that have been developed is also itself hugely lucrative.