Flexible Electronics News

Azuri Secures Working Capital Finance from Barclays

Initial £1M loan will support scale-up in sub Saharan Africa

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Azuri, the developer of Indigo pay-as-you-go solar power for off-grid markets, has secured a £1m working capital loan from Barclays to accelerate the deployment of its Indigo home solar systems, transforming the lives of thousands of rural customers in sub Saharan Africa forever. Azuri is bringing affordable electricity to consumers in emerging countries that lack access to the grid. Its award-winning Indigo technology and business model combines mobile phone and solar technology to deliver a...

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