Mitsubishi invests in UK company to bring off-grid solar to Asia

Japanese conglomerate backs solar utility BBOXX to expand service in south Asia and Africa

A British energy firm lighting up homes in Africa with pay-as-you-go solar power has secured £40m to extend its reach to Asia with the help of Japan’s Mitsubishi.

The conglomerate has taken a stake in off-grid solar company BBOXX through the start-up’s latest funding round, which will power the Africa-focused company deeper into Asia.

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