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Arnergy Secures $3M in Funding to Power Up Nigerian Homes and Businesses with Solar Solutions ☀️🏡 🇳🇬

Arnergy Secures $3M in Funding to Power Up Nigerian Homes and Businesses with Solar Solutions ☀️🏡 🇳🇬

#startup
#climate and sustainability
#energy and natural resources
#investments
#funding
#clean-tech
Nigerian cleantech startup Arnergy lights up the renewable energy landscape with a $3 million funding boost from All On, aiming to provide affordable and reliable solar power solutions to homes and businesses across Nigeria. 🌍⚡

Arnergy, a leading provider of solar power systems in Nigeria, has successfully raised $3 million in a recent funding round led by All On, the Shell-backed off-grid energy impact investment company. This comes five years after Arnergy secured a $9 million Series A round. The funds will support Arnergy's mission to address the energy challenges in Nigeria by expanding its distributed renewable energy solutions to more cities. The startup plans to capitalize on the increasing demand for solar systems, driven by rising fuel prices and a growing awareness of the benefits of renewable energy. Arnergy is set to deploy the funds to deepen its operations, with a focus on delivering cost-efficient solar solutions to homes and businesses in Nigeria. 🌱💡🇳🇬


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