Commercial & industrial solar:
Questworks, Kenya

The economics of solar now offer compelling business cases for grid-tied commercial and industrial (C&I) installations.

Our C&I customers provide end-users, typically small businesses such as hospitals, universities, factories or hotels, a cleaner, cost- effective and reliable alternative to the grid or diesel generation. We also offer end-user financing, which can be a key bottleneck.

Questworks is a local Kenyan real estate developer that became one of Nairobi’s earliest renewable energy companies. The company designs and builds solar projects that complement its real estate business.

In May, we launched a $1.2m working capital debt facility to support Questworks’ financing needs as they executed a pipeline of 8 rooftop solar installations across Nairobi.

As well as solar specialists, we are finding companies that benefit from already established business models that are now incorporating C&I-scale renewable energy solutions.

“The demand for debt financing from end users is surging and we believe there is also an exciting opportunity to partner with SunFunder on longer-tenor loans to end users.”
Tim Kipchumba,
Co-founder & CFO,
Questworks
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