OPIC 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 MoreGreenlight Planet Aims to Play a Major Role in Rural Ethiopia’s Energy Sector Transformation
Greenlight Planet (Nairobi) Greenlight Planet, the global market leader in the rapidly expanding pay-as-you-go (PAYG) solar industry has powered more than two and a half million lives in Ethiopia through access to clean, affordable, and reliable energy. Working with a strong network of established Ethiopian distribution companies such as Lydetco P.L.C., Universal Electronics amongst…
Read MoreOrange partnership to drive energy access in Africa
By: PamL Solar pay-as-you-go provider Greenlight Planet has partnered with global telecommunications operator, Orange, to provide Orange’s customers with access to clean energy solutions in several African countries. These countries include Burkina Faso, the Central African Republic, the Democratic Republic of the Congo, Liberia, Mali, Sierra Leone etc. The partnership involves both companies deploying Greenlight…
Read MoreBoost for TV Access Among Kenya’s Underserved with Greenlight Planet’s 24-inch Solar TV
NAIROBI, Kenya–(BUSINESS WIRE)–Greenlight Planet, an organization that designs, distributes, and finances solar home energy systems, released the latest addition to its Sun King Home 400 series, this time with a 24-inch solar powered television. This product introduction represents the company’s most recent step toward providing Kenya’s off-grid population with quality access to lighting, entertainment, and…
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…
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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