Sun King Raises $260 Million, Led by General Atlantic’s BeyondNetZero, to Expand Global Access to Affordable Solar Energy
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Solar home systems provider Sun King closes a $260 million funding round. The funding raised from several investors will help accelerate rural electrification in Asia and sub
Solar home systems provider Sun King closes a $260 million funding round. The funding raised from several investors will help accelerate rural electrification in Asia and sub-Saharan Africa.
Proparco, the subsidiary of the French Development Agency (AFD) group, has subscribed to a $10 million green bond which will be lent to Sun King, a solar kit provider in sub-Saharan Africa. The green bond is issued by the Swiss impact investor Symbiotics Group through its MSMR Bonds platform.
27 April 2022: Today, Sun King, the largest provider of solar energy products for off-grid homes in Africa and Asia, announced it has raised $260 million in Series D funding, led by BeyondNetZero, the climate investing venture of General Atlantic, a leading global growth equity firm, along with M&G Investments'' Catalyst team and Arch Emerging
From cost-effective solar lanterns and home systems that provide entry-level access to electricity to powerful, multi-kilowatt-scale solar systems that offer power equity with the traditional electrical grid, Sun King''s products meets diverse power and light needs across Africa and Asia.
Kenya-based off-grid solar products provider Sun King, previously called Greenlight Planet, announced it has closed on a first-of-its-kind USD-130-million (EUR 121.6m) bank-led securitisation of existing and future customer payments for its solar products.
Sun King designs, distributes, installs, and finances solar energy solutions for the 1.8 billion global consumers who cannot reliably access or afford traditional electrical grid connections. The needs of energy consumers in Africa and Asia are diverse. Sun King’s broad array of products unlocks a higher quality of life for our customers.
Sun King’s Solar Inverters connect to two sources of electricity, solar panels and, when available, the electrical grid to provide homes and businesses with seamless, clean, and affordable energy around the clock. What do Sun King Customers Say About Our Products? “Before I had a generator, as the grid was very erratic.
Sun King offers bespoke solar inverter systems, tailored to meet your unique requirements and energy needs. Speak to one of our expert solar advisors today.
Make a small down payment and start using your Sun King product immediately Pick your contract length and pay the balance in small instalments Making payments ensures uninterrupted access to Sun King solar Once payments are complete, enjoy solar energy free of charge!
Speak to one of our expert solar advisors today. Sun King offers remote monitoring for institutional clients, such as NGOs, businesses and governments, so that they can monitor the performance of their portfolio of Sun King inverters in real time. Somewhere else in the world?
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Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.