26 Jan '15, 4pm

Fenix International raises $12.6 M to finance renewable energy efforts in Africa: Investment enables increased...

This $12.6 million in funding ncludes investments from GDF Suez , Schneider Electric , Orange France Telecom, clean tech entrepreneurs Tom Dinwoodie and Warner Philips, and other impact investors. Fenix International1 partners with global telecom companies such as MTN, Orange and Vodafone to supply mobile-enabled solar systems to off-grid African communities. The goal is to enhance the quality of life for people who lack access to energy and communications -- or the credit necessary to make such purchases. “Fenix’s mission – to deliver improved quality of life to the 1.3 billion people who live without power in developing nations – is both inspiring and achievable,” said Tom Dinwooide, solar industry pioneer and clean tech investor. “ReadyPay Solar2 is in use in thousands of villages, helping tens of thousands of families modernize their homes and businesses with clean ele...

Full article: http://www.renewableenergyfocus.com/view/41227/fenix-inte...

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