Hybrid Solar Solutions Provider Daystar Power Secures $38 Million in Series B Funding

Mercom India | Jan 13, 2021 at 12:02 PM
  • Daystar Power, a Nigeria-based hybrid solar power solutions provider, has secured $38 million in a Series B financing round.
  • In February 2020, Daystar Power raised $4 million from SunFunder, a solar finance company, to bring solar power and energy efficiency solutions for Nigerian businesses.
  • The global venture capital and private equity funding in the solar sector in 2020 stood at $1.2 billion in 41 deals.