Wednesday
June 25
2025

South Africa Energy Startup Wetility Raises $27.8 Million Funding to Solar Power Thousands of Homes

By Tom Jackson

South African solar-as-a-service provider Wetility has secured a ZAR500 million (US$27.8 million) structured capital partnership with Jaltech, a leading funder of solar energy projects, to help provide clean, reliable, and cost-effective solar energy to over one million homes and businesses across the country.

Photo courtesy of World Bank Photo Collection.

Source: Disrupt Africa (link opens in a new window)

Categories
Energy
Tags
energy access, partnerships, renewable energy, solar