Solar Panda Expands Across Africa

Key Figures & Findings: Solar Panda, a Canadian off-grid solar firm, has acquired VITALITE Zambia Limited as part of its ongoing regional expansion. The acquisition follows its recent entry into Senegal and adds Zambia as its third operating country. VITALITE, established in 2013, pioneered PAYGO solar systems in Zambia and built a nationwide customer base, particularly in rural areas. According to Solar Panda CEO Andy Keith, the move aims to integrate operational strengths and scale clean energy access, while VITALITE Malawi remains outside the transaction and will continue independently.

Insights: The deal brings over 100,000 new customers under Solar Panda’s portfolio. The company is currently raising Series B funding and aims to expand its project footprint across Africa.

Future Implications: If current momentum is sustained, Solar Panda could further consolidate fragmented PAYGO markets in Southern and West Africa by late 2026. Industry observers will likely monitor how effectively the company maintains service quality while scaling in new geographies.

Source: EinPresswire