QUESTWORKS RECEIVE FUNDS FOR SOLAR-BASED CONSTRUCTION IN KENYA

QUESTWORKS RECEIVE FUNDS FOR SOLAR-BASED CONSTRUCTION IN KENYA

Questwork receives Sh120 million from SunFunder for solar based construction in Kenya. A united state based firm has set up fund for Questwork to construct a solar facility. The fund which is Sh120 million will help boost its pipeline of commercial and industrial solar projects. It is also see the increase of demand for green energy in the nation. SunFunder which is the US based firm has awarded questwork with the Special Projects Delivery Award. The facility will also help…

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SOLARNOW SECURES US$6m DEBT FACILITY

SOLARNOW SECURES US$6m DEBT FACILITY

Ugandan solar startup SolarNow, receives US$6 million debt  facility to help expand business. SolarNow – a startup which sells solar systems to rural households and businesses in Uganda with a 24-month credit facility, have just secured a US$6 million facility from SunFunder. The facility which is SolarNow’s second structured asset finance instrument arranged by SunFunder is intended to help it reach more clients and expand access to pay-as-you-go (PAYG) solar power. According to Willem Nolens, SolarNow’s Chief Executive Officer (CEO),…

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