Monday
November 28
2022

Solarise Raises $33.4 Million to Expand in Kenya, Other African Countries

Energy services company Solarise Africa has signed a $33.4-million multi-country commercial and industrial facility with the Facility for Energy Inclusion (FEI) to obtain the necessary funding and flexibility to substantially expand its portfolio in Kenya and other selected African countries.

“Throughout 2022, we have significantly grown our footprint and portfolio, and, with this new loan, we will be able to catapult our efforts to advance renewable energy adoption in Africa,” says Solarise Africa CEO and co-founder Jan Albert Valk.

Photo courtesy of andreas160578.

Source: Engineering News (link opens in a new window)

Categories
Energy
Tags
renewable energy