Politics

Africa: Sun King Raises $260m to Widen Clean Energy Access in Africa, Asia


One of the largest solar companies in Africa and Asia, Sun King, has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents.

Sun King (formerly Greenlight Planet) plans to use $100 million to expand its pay-as-you-go solutions, and introduce larger setups that are capable of powering appliances like refrigerators. Its current systems can power lights, mobile phones and small home appliances like TVs. Part of the funding will be used to expand the business’ presence.



Source link

Leave a Reply

Your email address will not be published.

close