Catalytic Collaboration Sets the Stage for Scaling Energy Access in Emerging Markets
A catalytic collaboration with IKEA Foundation and SunFunder made possible the first close of the Solar Energy Transformation (SET) Fund. The first-loss capital from Shine Campaign co-founder IKEA Foundation, was indispensable in enabling SunFunder to leverage $42.5m in commitments. “The IKEA Foundation is granting SunFunder €5.4 million [$6.1m USD] because we believe that helping families access renewable energy will enable them to afford a better everyday life while…