East Africa’s largest solar module manufacturer Chloride Exide plans to grant loan facilities via any commercial bank using guarantee notes from the company. Locals may acquire panels from the company’s solar facility in Naivasha, Kenya that opened in august 2011.
Financing is only applicable to products purchased from the Naivasha plant which manufactures modules that produce 13, 14, 20, 30, and 40 watts. The company and its partner Ubbink B.V. also just unveiled plans to extend its product range to include sizes 60, 80, 85, 120, and 125 watts. With 100 modules manufactured each day, products include hybrid systems that combine solar and wind energy which are great for areas without access to the grid.
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