Sun King RAISES $40M For Solar Kits

Key Figures & Findings: Sun King, a leading off-grid solar energy provider, has secured $40 million in equity financing from impact investor Lightrock to scale decentralised solar systems across Africa and Asia. The funding will support expansion of installation, servicing, and distribution infrastructure as the company deepens access to electricity in underserved communities.

 Future Implications: The new capital is expected to accelerate Sun King’s rollout of off-grid power solutions, expand its retail and agent network across African markets, and support long-term efforts to replace diesel and kerosene with clean, affordable energy for households and small businesses.

Source:  Pulse2

Quick Take: Off-grid solar gets a $40m push ☀️🌍