d.light, a leading provider of clean, affordable solar energy solutions for underserved communities, has reached significant milestones in 2024, setting new records for both revenue and profitability. The company achieved its highest-ever quarterly revenue and profits in Q2 2024, followed by a remarkable 70% year-over-year revenue growth in Q4 2024, making the last three quarters the most profitable period in the company’s 17-year history.
In a significant milestone for off-grid solar and global efforts to combat climate change, d.light has successfully mitigated 40 million tons of carbon dioxide—equivalent to the total annual emissions of Norway. This achievement emphasizes the crucial role off-grid solar plays in reducing global carbon footprints, particularly in regions where access to clean energy remains a challenge.
d.light Expands ‘Brighter Life by d.light (BLd)’ Receivables Financing Facility, Extending the Capacity of its Securitization Structures to Over USD $842 Million, Enhancing Access to Clean Energy for Off-Grid Communities Across Africa
d.light, a global leader in solar energy solutions for underserved communities, has been named as a key participant in Nigeria’s ambitious Distributed Access through Renewable Energy Scale-up (DARES) program, set to launch this month.