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SolarAfrica

South Africa's utility-scale solar company - $94M raised 2026

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SolarAfrica is South Africa's leading utility-scale and commercial solar energy company, developing, financing, and operating solar PV plants for large businesses and the grid. Raised $94M in debt financing in February 2026 led by Rand Merchant Bank and Investec - one of the largest cleantech raises in South African history.

Facts about SolarAfrica

Company type
Cleantech
Funding stage
Series C+
Founded
2013
Founders
Undisclosed
Markets
🇿🇦South Africa
Total disclosed funding
$94M debt (Feb 2026)
Valuation
Undisclosed

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