BBOXX has secured a US$8 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF) that will see the company accelerate its roll-out of solar home systems across Rwanda, its largest market.
Africa’s largest private equity firm has led a round of financing for Off Grid Electric to fuel the microgrid provider’s expansion in the continent, with investors including an arm of General Electric (GE).
Sri Lanka’s CEB tenders 10MW of solar in North Central Province, Minas Gerais looking at special financing for micro and mini-generation, Energy 4 Impact granted US$1 million for small-scale solar irrigation in Rwanda
Global off-grid solar company BBOXX has closed on a US$5 million financing facility with Deutsche Asset Management’s fund Essential Capital Consortium that will help it bring power to 150,000 Rwandans.
Mobisol has secured funding from Finnfund for its East Africa expansion, CEFC's investment commitments more than doubled last fiscal year, Acciona is supplying renewable energy to Latin America's largest retail store chain, Sungrow has supplied inverters and an energy storage system to the Bahamas.
Emerging market project developer, owner and operator Access Power has announced the shortlist of winners for financing under its Access Co-Development Facility (ACF) fund, with solar forming the largest share of projects.