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Zola Electric

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ZOLA Electric (formerly Off Grid Electric) is the leading renewable energy brand in Africa, helping customers to light their homes, power small businesses, stay connected and expand opportunities for work and study. By providing solar technology that is affordable, accessible and reliable, ZOLA Electric’s offerings allow the average home or business to leapfrog the grid. ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania, Rwanda, Côte d’Ivoire, and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total, and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100 🌞⚡️

Headquarters

Arusha, Tanzania

Founded in

2011

Company Size

1001-5000 Employees

Sectors

Energy & Environment Resources

Countries of operations

flag of uganda
Tanzania

Team

Xavier Helgesen Co-Founder & CTO

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FUNDING ROUNDS

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Zola Electric Energy & Environment Resources
Amount $32,500,000
Date Dec 11, 2018
Funding Round
Debt Financing
investors
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Zola Electric Energy & Environment Resources
Amount $20,000,000
Date Jul 27, 2018
Funding Round
Debt Financing
investors
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Zola Electric Energy & Environment Resources
Amount $55,000,000
Date Jan 18, 2018
Funding Round
Series D
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Zola Electric Energy & Environment Resources
Amount $10,000,000
Date Aug 10, 2016
Funding Round
Series D
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Zola Electric Energy & Environment Resources
Amount $25,000,000
Date Oct 22, 2015
Funding Round
Series C
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Zola Electric Energy & Environment Resources
Amount $16,000,000
Date Dec 8, 2014
Funding Round
Series B
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Zola Electric Energy & Environment Resources
Amount $7,000,000
Date Mar 21, 2014
Funding Round
Series A

RECENT ARTICLES ABOUT Zola Electric

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CONTACT

info@digestafrica.com

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