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M-KOPA Solar
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Short description

Provider of pay-as-you-go solar energy systems for off-grid customers

Founded in 2011
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Kenya Nairobi, Kenya
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Updated by Simone Liano at on 08/02/2016

Edited by Cleantech Group on 06/28/2023

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Eseye Eseye

M-KOPA employed Eseye's services to integrate Safaricom's M-PESA system.

Confirmed by Eseye

Partnerships
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Date Partner Type
Safaricom Safaricom
M-KOPA clients use Safaricom's M-PESA money transfer platform in order to make daily repayments to M-KOPA.
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Confirmed by Safaricom
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IPO INFORMATION

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Description

Date Investors Type Amount
05/15/2023 Standard Bank Standard Bank , FMO - Netherlands Development Finance Company FMO - Netherlands Development Finance Company , British International Investment British International Investment , SunFunder SunFunder , Nithio Nithio , International Finance Corporation (IFC) International Finance Corporation (IFC) (6)
Post-money valuation of
Structured Debt $200,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

M-KOPA III Solar Home System

8W Solar Panel comes with 2 bright LED lights. solar rechargeable LED torch, 2 light cables with switches, solar rechargeable radio, 5-in-1 phone charging cable

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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