Home
Resources
Follow portfolio news
...

Positive Impact Company - Sun King acquires PayGo Energy

Published on
23/6/2023
Amended on
23/3/2026
0
minute(s)
Odyssey 2021
Smiling woman looking at her phone
Sun King, a major player in solar energy, acquires PayGo Energy to promote clean cooking appliances in disadvantaged regions. The transition to clean cooking offers significant benefits: reduced carbon emissions, improved health and gender equality. Polluting cooking fuels cause 3.2 million premature deaths a year.
By
Damien Hélène
Damien Hélène
Positive Impact Company - Sun King acquires PayGo Energy
This article has been automatically translated. Please excuse any inaccuracies or translation errors.
Dieser Artikel wurde automatisch übersetzt. Bitte entschuldigen Sie etwaige Ungenauigkeiten oder Übersetzungsfehler.
Questo articolo è stato tradotto automaticamente. Ci scusiamo per eventuali inesattezze o errori di traduzione.

Sun King, a supplier of off-grid solar energy products with operations in Africa and Asia, announces the acquisition of PayGo Energy, a leading provider of clean cooking appliances.

Sun King, which supplies electricity to over 95 million households, aims to make clean cooking appliances, powered by solar energy, electricity grids and other clean energy sources, more accessible than ever before, at a time when 3 billion people worldwide use polluting and harmful wood and charcoal stoves.

The benefits of a transition to clean cooking - both in terms of stoves and fuels - are considerable: reduced carbon emissions and deforestation, improved health and greater equality between men and women.

  1. Every year, 3.2 million people die prematurely from illnesses attributable to air pollution linked to cooking fuels.
  2. As women are often responsible for preparing meals and collecting firewood, they are more exposed than men to polluting fumes.
  3. In the developing countries of Asia, 1.5 billion people have no access to clean cooking facilities, eleven times more than the number without access to electricity.
  4. Fossil fuels used for cooking account for around 2% of global carbon dioxide emissions, almost as much as those generated by the aviation sector(2.5%).
  5. 34% of the world's firewood is unsustainable, contributing to forest erosion and climate change.

Other episodes on this topic

Explore our content collections, which bring together different formats around a single subject/issue/theme.
No articles in this category yet.
No items found.
Rest of the world
Technology / Software
Consumption
Welcome to Altaroc
To provide you with a tailored experience, we invite you to complete your profile.
Your profile
country of tax residence
Select
choosenCountry
Preferred language
Select
choosenLang
Your investor profile
Financial intermediary or Professional investor
Financial advisors, wealth management advisors, private bankers, or any other investment service providers.
Qualified Investor or Altaroc Investor
Experienced Investor or Altaroc Investor
Private investors who have already invested in Altaroc who have a minimum investment capacity of €100,000.
Private investors who have already invested in Altaroc who have a minimum investment capacity of €250,000.
Inexperienced investor
Individual investors with an investment capacity of less than €100,000.
Individual investors with an investment capacity of less than €250,000.
Institutional investor
Pension funds, retirement funds, asset management firms, and single-family offices.
Scroll down to accept General Terms and Conditions
The webpage you are trying to access is not available in your country.