Lagos, Nigeria
Daystar Power Group, headquartered in Nigeria, is strategically tackling the power crisis in Sub-Saharan Africa. Founded in 2017, the company provides hybrid solar power solutions designed to replace the prevalent use of costly and polluting diesel generators among businesses. Their mission, highlighted by their slogan, "Daystar Power provides businesses in Africa with clean, continuous and affordable power," aligns with current global energy trends focusing on renewable resources.
Their model offers flexibility through either a cash sale or a monthly fee, providing significant advantages such as cost reduction, stable power supply, and pollution mitigation. Operating in the Energy and Renewable Energy industries, Daystar Power presents an attractive investment proposition in a rapidly growing market.
Their last funding round was a $1.00M debt financing investment from TRINE on 01 September 2021, which points to investor confidence in their potential to address critical infrastructure challenges in Africa.
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