Renewable energy
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Solar Systems Provider d.light Secures US$50m Investment To Expand Its PAYG Business
Good news for d.light. The clean electricity access solutions provider is getting new funding for its expansion in Africa. It…
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Kenyan Based Startup, Solar Panda Secures US$8m Series A funding To Increase Product Offering
Solar Panda, a startup based in Canada and Kenya that designs, manufactures, and sells pay-as-you-go (PAYGo) solar household systems in…
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Nigeria Energy Startup Greenage Technologies Secures $500k Investment from All On to Expand Solar Energy Facility
“We’re delighted to receive this support from All On that will reduce the cost of solar energy components through local…
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CrossBoundary Energy Access Raises $25 Million from ARCH, Bank of America, and Microsoft Climate Innovation Fund to Finance Solar Powered Mini-Grids in Africa
Africa’s first project financing facility for mini-grids, CrossBoundary Energy Access (CBEA), announced $25 million in new funding commitments from ARCH…
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ZAMBIA: Africa GreenCo raises $15.5m for renewable energy trading
Good news for Africa GreenCo (GreenCo). The company, which wants to impose itself by trading on the renewable energy market,…
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Sun King Raises $260 Million, Led by General Atlantic’s BeyondNetZero, to Expand
The solar energy provider, formerly known as Greenlight Planet, plans to use the funds to rapidly and sustainably bring electricity…
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Solar Energy Provider d.light Secures US$7m Equity Investment From OP Finnfund
AFRICA – OP Finnfund Global Impact Fund I has announced its US$7 million equity investment in d.light, a leading innovator of solar…
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Polare Group Raises €100,000 to Launch Power Products in Africa
Revolutionary mobile power company, Polare, recently secured $100, 000 in a pre-seed funding round. The investment represents 10% equity of…
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Tunisian startup Wattnow raises US$1.3M in pre-series A round, eyes expansion
TUNISIA – Wattnow, a Tunisian IoT-based energy management solution, has raised US$1.3 million in a pre-series A funding round to expand operations.…
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H1 Capital secures US$39m from Norfund and CDC Group for green energy projects
SOUTH AFRICA – The South African renewable energy industry today received a R600 million (US$39.22m) boost from Norfund, the Norwegian investment fund for developing countries,…
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