Sun King Seeks $1.3 Billion to Bring Power to 200 Million People
By 2030 Sun King aims to supply more than a million solar kits a month.
Source: Sun KingSun King, the world’s largest off-grid solar company, said it plans to raise $1.3 billion to give access to electricity to 200 million Africans by 2030.
The Kenya-based company, which has raised $700 million to date, will recycle the capital by selling pay-as-you-go solar devices and by 2030 plans to have supplied more than $5.6 billion of equipment in addition to what it has already sold, it said in a response to queries.