Nigeria solar firm Daystar Power raises $38m to expand in West Africa
New investment will enable the solar energy supplier to accelerate its regional expansion
12 January 2021 - 19:27
Lagos — Daystar Power, a Nigerian solar energy provider, has raised $38m with the support of Investment Fund for Developing Countries and Morgan Stanley Investment Management to expand solar access across West Africa.
Lagos-based Daystar plans to replace “unreliable grid or too expensive, polluting diesel generators”, with clean reliable power, CEO and co-founder Jasper Graf von Hardenberg said in an e-mailed on Tuesday...
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