Diamond Trust Bank Partners with Sun King to Boost Solar Energy Adoption in Kenya
Diamond Trust Bank (DTB) Kenya is taking concrete steps towards promoting environmental sustainability by introducing a specialized Solar Finance Product. This innovative offering is designed for salaried homeowners in Nairobi’s peri-urban areas and aims to facilitate access to clean and reliable energy. The initiative underscores DTB’s dedication to supporting climate-smart solutions through strategic financing.
Powering Homes with Sustainable Solutions
The Solar Finance Product is a result of a collaboration between DTB and Sun King, a prominent solar technology provider. Through this partnership, eligible DTB customers can now secure unsecured loans to finance the installation of solar power systems in their residences. The product specifically targets homeowners residing in peri-urban locations around Nairobi, including Kitengela, Rongai, Ngong, Juja, and Ruiru, where consistent power supply remains a challenge. By providing access to affordable solar energy, DTB and Sun King are empowering residents to reduce their reliance on the grid and embrace a more sustainable lifestyle.
According to DTB Kenya CEO, Murali Natarajan, this initiative aligns with the bank’s understanding that affordable and reliable energy access is crucial for economic and social progress. The partnership with Sun King is a significant move toward achieving this goal.
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