German development bank allots fresh €49m for African mini-grids
A new foundation set up by KfW will offer grants to attract investment in a bid to offer more than 350,000 people access to clean electricity.
First African solar project capacity financed under €5m crowdfunding-backed partnership
Swedish platform Trine, which offers people the chance to invest in solar from as little as €25, has announced plans to generate €5 million credit for South African solar leasing partner Solarise Africa.
BBOXX raises €1 million for off-grid solar through crowdfunding
U.K.-based off-grid developer, BBOXX and online renewable energy investment platform, Trine have raised €1 million from crowdfunded investments in less than one month. The financing will be disbursed at the beginning of April, to enable BBOXX to scale up its operations in Kenya.
Sweden’s Trine raises $6 million in funding round for solar projects
The crowd-investment platform for profitable solar energy projects will use the funds to expand operations in in East Africa and Europe.
