Ugandan off-grid solar company SolarNow said it could install 17,500 more household solar power plants in the country after agreeing $19 million of debt funding with SunFunder, responsAbility and Oikocredit. The company said it now had 2.5 MW of off-grid capacity, and CEO Willem Nolens said the new funding meant the firm could concentrate on its main business rather than fundraising. Reports in 2018 highlighted the idea of using off-grid solar to enable a billion people without access to electricity to have their own supply.
Ugandan off-grid solar company SolarNow said it could install 17,500 more household solar power plants in the country after agreeing $9m of debt funding with SunFunder, responsAbility and Oikocredit. The company said it now had 2.5 MW of off-grid capacity, and CEO Willem Nolens said the new funding meant the firm could concentrate on its main business rather than fundraising. Reports in 2018 highlighted the idea of using off-grid solar to enable a billion people without access to electricity to have their own supply.