Solar company NXT Grid secures investment from Nigeria’s All On

NIGERIA – NXT Grid BV, a solar mini-grid rental company, with a focus on online automation and standardisation to empower local mini-grid developers in Sub-Saharan Africa, has secured US$1.4 million investment to expand its operations. The investment came from a Nigerian impact investing firm All On seeded by Shell and with participation from Katapult Climate NXT Grid said the new…

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Salpha Energy Nigeria secures US$1m from All On to scale its distribution business

NIGERIA – All On, a Shell-funded impact investment firm, has announced a US$1 million investment in Salpha Energy Nigeria to scale the company’s solar home systems distribution business. Salpha energy is focused on bottom-of-the-pyramid customers in rural and remote areas, peri-urban areas, including the Niger Delta. The investment will be used to increase Salpha’s inventory and product range, Expand sales…

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