Easy solar

Easy solar

Last-mile distribution company making energy, durable goods and financial services affordable and accessible for through pay-as-you-go tech. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212023
Revenues2.3m8.5m9.9m19.6m
% growth-269 %17 %-
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DateInvestorsAmountRound
-

N/A

-
N/A

$590k

Grant

€500k

Debt

$850k

Grant

$3.0m

Series A

$2.0m

Debt
*

$5.0m

Debt
*

$7.0m

Early VC
Total FundingAUD17.7m

Recent News about Easy solar

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More about Easy solarinfo icon
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Easy Solar operates in the renewable energy sector, providing affordable and accessible solar-powered products and financial services to underserved communities. The company offers a range of products including solar lanterns, home lighting systems, appliances, and cookstoves, all available through flexible financing plans. Easy Solar primarily serves households in regions with unreliable electricity supply, aiming to improve quality of life and reduce carbon emissions. The business model revolves around selling these products directly to consumers through a network of 400 sales outlets across Sierra Leone and Liberia. Revenue is generated through product sales and financing plans, which make the products accessible to a broader audience. Easy Solar has made a significant impact, providing energy access to over 1,000,000 people, offsetting 124K tons of CO2, and creating 800 clean energy jobs. The company is supported by various investors and partners, enhancing its ability to deliver life-transforming products.

Keywords: solar energy, affordable financing, home lighting, cookstoves, renewable energy, underserved communities, carbon offset, energy access, clean energy jobs, Sierra Leone.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.