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Off Grid Electric raises $25 million to help power a solar revolution in Africa

from Renewable Energy World

DBL Partners, the same venture capital fund that supported SolarCity for many years, has led the largest venture capital funding for distributed energy in Africa. Off Grid Electric announced today that it raised $25 million in a Series C investment. Off Grid Electric, based in California and Tanzania, is installing solar in over 10,000 homes and businesses per month with what it calls "its radically affordable solar leasing platform." more


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