FMO invests USD 2 mln in Orb Energy for the off grid energy sector in Kenya.
This investment serves as an excellent example of a high impact and inclusive renewable energy access investment. Investments in the off-grid energy space are essential knowing that 1,4 bln people are left with no or poor grid access and rely on relatively hazardous, inefficient, polluting and expensive forms of energy (like kerosene lighting).
Orb manufactures, distributes and installs solar energy systems for electricity and water heating for both residential and commercial customers. Orb’s expansion to Kenya is aimed at energy access for (rural) household customers through solar energy solutions. Products cover the full range, from small-light lanterns to large systems.
For more information, please read Press Release Orb
Press contact:
Paul Hartogsveld
p.hartogsveld@fmo.nl
+31 (0) 70 314 99 28
