Sun King and Citi Close First $130 Million Securitisation to Broaden Access to Finance for Off-Grid Solar in Kenya
The scalable loan instrument, arranged and structured by Citi with participation from leading development finance institutions and commercial lenders, helps expand Kenyans’ access to finance to purchase green, affordable solar systems. Sun King and Citi have established a first-of-its-kind, bank-led and entirely Kenyan-Shilling-denominated $130 million sustainable securitisation transaction. The transaction leverages Sun King’s existing and…
Read MorePayGo Energy Acquisition Marks Sun King’s First Step Towards Developing Clean Cooking Solutions
Drawing on its experience delivering solar energy products to 95 million underserved consumers in Africa and Asia, Sun King acquires PayGo Energy to develop clean cooking solutions for the three billion people reliant on wood and charcoal cookstoves. Sun King, the largest off-grid energy company in Africa and Asia, has acquired PayGo Energy, a leading…
Read MoreSun King Wins the Economic Times Most Promising Brand 2018
By: ANI Greenlight Planet has been recognised by Economic Times as the “Most Promising brand 2018” at a ceremony held on Friday, the 23rd of March 2018. The Promising Brands platform was an endeavour by the Economic Times to recognize brands, which have stood firm in the winds of globalization and have truly become a…
Read MoreBetter, Brighter, Cheaper: Greenlight Planet Launches Next-Generation Solar Lamps
By: ANI Greenlight Planet Inc., a recognized global leader in solar home energy products across rural Africa and Asia, announced the launch of a new line of solar lanterns today, the Sun King Pro 400, Sun King Pro 300, and the Sun King Pico Plus. The new devices are more powerful versions of the company’s…
Read MoreGreenlight Planet Launches Solar fans for Rural India
By: Sneha Verma While the country braces for the hottest year since 1901, this model provides powerful airflow for grid-like cooling, striking the perfect balance between performance, durability, and affordability. For a decade, Greenlight Planet has been focused on developing affordable and durable solar powered lighting solutions for under -electrified households and businesses around the…
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