SolarNow

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),…