DPI-backed Persistent Energy closes series C round led by Kyuden
DPI-backed Persistent Energy Capital LLC announced that it has raised USD 10M in equity in its Series C round. The investors also obtained a seat on the Board of Directors. Two world level institutional investors, Kyuden International Corporation and FSD Africa Investments, have led the round and will enable Persistent to continue to grow its successful climate venture building business in...Read More
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DPI hits milestone in Australia with 204 MW Solar Project
DPI Group is glad to annouce the succesful completion of the development and subsequent sale of the 204 MW Megasolar Project “The Edenvale Solar Park” in the Western Downs region, 300 kilometers West of Brisbane, Australia. The project has been purchased by Sapphire Energy Pty Ltd., owned 50%/50% by Japanese conglomerates ENEOS and Sojitz and it is expected to come online in the...Read More
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DPI invests in series B round in leading West-Africa Solar Group Oolu
DPI is glad to annouce a new investment in leading West-Africa solar distributor Oolu. Since its founding in 2015, Oolu has provided over 60,000 solar home systems to customers in the region. With this new investment, the company “will expand its core product offering to meet the needs of its current and future clients”. Oolu currently employs over 250 full time employees and is...Read More
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DPI Group reinforces presence in South East Asia with investment in Myanmar
DPI Group has participated in the Series A-2 round of SolarHome, a pioneer in Pay-As-You-Go (PAYG) solar for off-grid households in Myanmar. SolarHome is set to utilize the additional financing to expand and consolidate its position as the rural off-grid electrification market leader in Myanmar. We continue to strive to generate a positive impact in the lives of thousands of individuals in the...Read More
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DPI expands its presence in Africa with investment in SunCulture
DPI commitment to a cleaner and more sustainable world through renewable energies has being reinforced with an investment in SunCulture, a leading company in solar-powered irrigation water pumps and off-grid solar power systems. SunCulture’s best-selling product supports irrigation for a two-and-a-half acre farm and up to four lights, two phones and a plug-in submersible water pump. With the...Read More
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DPI partners up with Renewvia Energy for Sub-Saharian Region
DPI is delighted to announce a strategic partnership with global solar developer Renewvia Energy for Sub-Saharian Africa. In March 2020, DPI and Renewvia have joined forces to develop solar micro-grids in Kenya and Nigeria. The purpose is to capitalize large portfolios of solar micro-grid projects and the first 10 projects have received capital support from the French Development Bank and the...Read More
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DPI invests in Series B round of Persistent
DPI commitment to a cleaner and more sustainable world through renewable energies has being reinforced with an investment in Nigerian/Swiss company Persistent. In late 2019, Dream Project Incubators has participated in Series B round of Persistent, a company focused in providing early stage capital and extensive operational support to exceptional entrepreneurs in underserved markets. DPI...Read More
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