Sollys Energy secures $150,000 investment from World Bank and Ministry of Energy in Malawi
In July 2024, Sollys Energy entered into a partnership with the Ministry of Energy in Malawi to electrify 1,000 rural off-grid households by marketing, delivering and installing Solar Home Systems (SHSs). With financial support from the World Bank, through a $150,000 grant from the Malawi Off-Grid Market Development Fund – Ngwee Ngwee Ngwee Fund (NNNF), Sollys Energy is scaling up its sales and distribution network in order to reach more remote households and businesses across Malawi.