Solar powered ATMs save India money, energy

By on April 20, 2012

Solar powered ATMs in India are providing an energy- and cost-efficient solution to personal banking for rural residents. The machines are 90 percent more energy efficient than typical ATMs and produce very little heat, so they can run in the desert and snowy, mountainous areas of the country. There are 450 machines installed and approximately 10,000 more to come in the next two years.

The machines only allow clients to take out as much money as they need, reducing costs for banks.

Read more at Yale Environment360.

Image credit: Vortex Engineering.

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