Kenyan startup M-KOPA Solar has closed its fourth round of investment through a US$12.45 million equity and debt deal led by LGT Venture Philanthropy.

Global Partnerships aims to grow their impact investments to $500 million and increase their reach from 2.6 million lives impacted to 30 million lives impacted by 2024.

Pay-as-you-go platform that enables customers to purchase Sun King Eco solar lamps in staggered 10-week instalments.

Philips has identified a need to develop its global portfolio’s products for off-grid communities.

California-based Fenix International, a developer of solar power systems for off-grid communities in Africa, closed $12.6 million in Series B and working capital financing.

Indian company ONergy overcomes the obstacle of last-mile distribution of solar-energy products by providing solutions.

Kenyan M-KOPA Solar will use US$1.5 million to launch a training and development programme called M-KOPA University.

Schneider Electric has announced the introduction of a new range of innovative energy efficient maintenance-free Solar Streetlights popularly known as Villaya.

90% of Indian households are dependent on local shops to which distribution company Essmart provides life-improving products.

Invested Development, Acumen Fund and Novastar Ventures, who have in total injected US$3 million into the business.

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