Gram Power: Yashraj Khaitan's 'smart microgrid' produces, stores renewable energy on location

Twenty-two-year-old Yashraj Khaitan finds it difficult to explain to his parents what exactly he is doing in a remote village in Rajasthan. One year ago, as a fresh graduate from the University of California, Berkeley, Khaitan turned down a job offer from Ericsson, the world's largest maker of wireless network equipment, to start his own company. Gram Power, the venture he founded along with a batchmate Jacob Dickinson, enables villagers to produce and store renewable energy. It helps them integrate and generate energy out of biomass, solar or wind on-site. See full Article.