SolarCity invests in US$16 million fund for off-grid solar in Africa
US installer SolarCity is among the investors in a US$16 million funding round closed this week by Off Grid Electric, a company offering pre-paid solar systems in Africa.
Apart from SolarCity, infrastructure fund manager, Zouk Capital and Vulcan Capital, the private investment firm of Microsoft co-Founder Paul Allen, led this second round of investment funding for Off Grid Electric. The first round last year, raised US$7 million..... Read more »
Posted on : Thursday , 11th December 2014