News

Better Energy Systems Receives Funding For Solio Gadget Charger

July 08, 2008 by Jeff Shepard

It has been reported that Better Energy Systems, maker of the sun-powered Solio gadget charger, has secured $5 million in funding from TBL Capital. The Solio is targeted to power iPhones, digital cameras, MP3 players, GPS, and other mobile devices.

Joe Marshall, Principal at TBL Capital, was quoted as commenting, "Almost half the world’s population has limited access to consistent electricity; Solio not only offers an advanced solution to that inequity, but does so in an entirely sustainable manner."

The Solio’s lithium ion battery is meant to take up to 10 bright daylight hours to charge fully. An hour of battery juice would enable 40 minutes of listening time for an MP3 player and 15 minutes of talking on a cell phone. The Solio also can be plugged into a wall outlet.

Solio models are priced between $80 and $200.