April 11

Decentral Raises $12 Million to Provide Solar to Businesses in South Africa

By Jean Marie Takouleu

Renewable energy provider Decentral Energy Managers is raising $12.1 million to expand its operations in South Africa. Decentral supplies, finances and builds solar power plants to supply commercial and industrial (C&I) customers.

Good news for Decentral Energy Managers. The Johannesburg, South Africa-based company is getting $12.1 million to expand its project portfolio in South Africa. The company, co-led by Luel Culwick and Christian Bode, builds solar centers for commercial and industrial (C&I) clients. Companies like Decentral have become a key player in South Africa’s energy landscape since the country’s energy crisis began.

Photo courtesy of cowins.

Source: Afrik21 (link opens in a new window)

Energy, Technology
renewable energy, solar