Candi Solar to Raise $38M in Series C to Expand Clean Energy Solutions

The solar energy solution supplier named Candi Solar has secured its Series C funding round raising $38 million.

The round attracted several investors who have an objective of achieving rapid development of the modern system of clean and renewable energy.

Candi Solar based in Mauritius is a solar energy company that operates on several countries with ultimate goals of offering solar solutions to business people and industries.

The Series C round of funding is a significant milestone for Candi Solar and reflects strong investor confidence in the company’s mission and business model.

Success of the funding round comes on the heels of growing demand for sustainable, inexpensive energy solutions all over the world.

Investors such as EDFI ElectriFI and Korys have identified huge prospects in Candi Solar to be a solution provider for the energy challenge in developing regions.