RENEWABLE ENERGY

Solar company Starsight secures $10 million in financing

Solar power supplier Starsight has expanded a senior debt facility by $10 million to broaden its offerings and generation capacity in Nigeria and Ghana, the company said on Thursday.

The expanded facility, completed with development financiers Finnfund and Norfund, doubles the existing debt facility the company has with them and is the second time a solar company in the region has secured millions in funding this week.

On Tuesday, Daystar Power announced $38 million in funding, mostly from development finance institutions, to expand West Africa operations.

Source
ET Energy World
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