Sun King Expands Its Series D to $330M with Additional Investment of $70M Led by LeapFrog Investments
LeapFrog supports ambitious targets to provide affordable energy access to the 1.8bn people estimated to live without safe, reliable power supply. London, United Kingdom – 15 December 2022 – Sun King, the largest provider of solar energy products for off-grid homes in Africa and Asia, has received $70 million in equity investment in an extension…
Read MoreSun King Raises $260M to Widen Clean Energy Access in Africa, Asia
By Annie Njanja 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…
Read MoreAFRICA: Sun King Gets $17M for Solar Kits with Green Bonds
By Jean Marie Takouleu The Symbiotics platform is issuing $17 million in green bonds. The proceeds will fund Sun King’s solar home systems in Africa and Asia. Sun King secures further funding for the distribution of its electricity access kits in Africa. The company is raising $17 million through two green bonds issued by Symbiotics, an…
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 MoreGreenlight Planet
It was a privilege to be awarded the Economic Times Champions of Rural Markets award for our contribution to making affordable clean, energy access to over 24 million rural Indians. Watch as Sahil Khanna, who manages our partnerships business in Asia, talks more on how we have emerged as one of the strongest industry players…
Read MoreGreenlight Planet Introduces the Sun King Charge, Its Most Affordable Dual Task Solar Light and Mobile Charging Solution
By: Anand Gupta Greenlight Planet Introduces the Sun King Charge, Its Most Affordable Dual Task Solar Light and Mobile Charging Solution.With the Sun King Charge, consumers can use the lamp and solar panel independently of each other for hours or days at a time. This enables consumers to light their homes or workplace and charge…
Read MoreOPIC leads $5M funding in solar lantern firm Greenlight Planet
By Anuradha Verma US-based Greenlight Planet Inc, a designer and distributor of solar LED home lights, has raised $5 million in its third round of funding led by Overseas Private Investment Corporation (OPIC), according to a press release. Previously, the company that distributes solar energy products for off-grid homes in emerging markets, received seed funding from…
Read MoreGreenlight Planet receives funding of $10 million
By: Evelyn Fok, ET Bureau BENGALURU: Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia. The deal, which follows a $4 million series A round in 2012 led by global private equity firm Bamboo…
Read MoreAfrica: Leverage the Sun Energy to Address Energy Poverty in Africa
By Molly Wasonga Access to energy is a fundamental welfare to human beings undoubtedly and without which, households are forced to rely on polluting and dangerous sources of energy. An Oxfam survey reports that energy poverty presents a serious challenge in sub-Saharan Africa, despite longstanding efforts to address it. That that in 2014, 633 million…
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