Yellow Door Energy, a UAE-based leading solar developer, announced today that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa. This is one of the Middle East's largest private placements in distributed solar.

Read more: Yellow Door Energy Raises $65 Million To Scale...

Approximately 75% of Kenyans have access to electricity from grid and off-grid sources, according to the World Bank, but the Kenyan government wants to increase that to 100% by 2022. The Kenya National Electrification Strategy references mini-grids, independent solar power plants, and off-grid technology as options to utilize. About 49 million people live in Kenya, and most of them are in rural areas.

Read more: Kenyan Electrification Plan Could Achieve...

More Articles ...

Advertisement

Translator

Advertisement
Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Gujarat Largest Rooftop Solar Event is Back in Ahmedabad - https://t.co/hvfKU8siIr
Monday, 20 May 2019 06:35
SolarQuarter How did India solar tenders perform in 2018-19? Here's a snapshot! solarenergy solarnews energy… https://t.co/rEDOp84n27
Wednesday, 15 May 2019 20:12
SolarQuarter Who was awarded the maximum tenders in India in 2018-19? Here's a glimpse @SolarQuarter SolarQuarter… https://t.co/jUdsZVJ5VU
Wednesday, 15 May 2019 00:29

Advertisement