S
SolarNow
Solar energy and financing solutions in East Africa
About SolarNow
SolarNow is a company that specializes in providing high-quality solar energy solutions across East Africa, with a focus on Uganda and Kenya. The company offers a wide range of solar products, including lights and other solar-powered devices, all based on Dutch technology and meeting international quality standards. SolarNow serves both residential and commercial clients, aiming to meet their energy needs throughout their entire lives. The company operates in the renewable energy market, which is rapidly growing in the region due to increasing energy demands and the need for sustainable solutions.
SolarNow's business model includes not only the sale of solar products but also flexible financing options. Clients can choose to pay upfront or opt for a credit plan with a payment period of up to 12 months. This makes solar energy more accessible to a broader range of customers, including those who may not have the immediate funds to invest in solar technology.
The company generates revenue through the sale of its solar products and the interest earned from its financing plans. SolarNow also prides itself on excellent customer service, offering a two-year warranty and ongoing support through its customer care line and technical team. This commitment to customer satisfaction helps to build long-term relationships and encourages repeat business.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2011
- Headquarters
- Nijmegen, Netherlands
- Employees
- 210
- Open positions
- None listed
- Dealroom signal
- 63.2/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Farming, Solar Energy, Sustainable Development Goals, Climate Tech, Renewable Energy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Jan 2019 | $9M | — | Oikocredit · responsAbility Investments · SunFunder | — |
| SERIES B✓Equity / VC | Dec 2017 | $9.9M | $40M | Shell · Novastar Ventures | — |
Growth signals
Latest recorded traffic for SolarNow is 160 monthly website visits, down 11.1% over the last three months. SolarNow's team declined 1.9% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Invested Development- NONovaStar
Acumen
Series A2 investors entered at this stage
Shell
Novastar Ventures
Series B and later3 investors entered at this stage
SunFunder
Oikocredit
responsAbility Investments
Other known investors2 additional known investors
Mastercard Foundation Fund for Rural Prosperity
Shell Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SolarNow on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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