A Pan-African solar company, Solarise Africa has raised $33.4 million to expand its portfolio in Kenya and other countries.
Solarise Africa is a company that provides reliable and affordable energy solutions across Africa. It collaborates with only the most experienced and quality focused solar and other energy solution companies to offer innovative full-service solutions that cover designing, building, financing, and maintaining renewable energy installations.
Their expertise is in leasing, financing and investing in Africa’s renewable energy sector. They also specialize in captive rooftop and ground mounted solar projects ranging from 50 KW to 3 MW and are fast expanding.
The CEO and Co-founder, Jan Albert Valk said “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. This proves that Solarise Africa has a solid business model. We are proud to welcome the three prestigious new investors”
The funding round was raised by the Facility for Energy Institute and Oikocredit. Oikocredit is a social impact investor and worldwide co-operative with over 45 years of experience funding organizations active in financial inclusion, agriculture and renewable energy.