South Africa based crypto-driven solar power platform raised $3m in Series A financing led by the Africa Renewable Power Fund.
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Sun Exchange raises $3m for crypto-driven solar power in Africa
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“You as an individual are selling electricity to a school in South Africa, via a solar panel you bought through the Sun Exchange,” explained Abe Cambridge, the startup’s founder and CEO. “Our platform meters the electricity production of your solar panel. Arranges for the purchasing of that electricity with your chosen energy consumer, collects that money and then returns it to your Sun Exchange wallet.”
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