Solarcentury donates 5% of annual net profits to SolarAid

first_img UK solar company Solarcentury has this week donated £98,000 to SolarAid, its largest charity donation to date. Since 2006 it has pledged to donate 5% of its net profits to the charity it helped set up to eradicate the kerosene lamp from Africa by 2020.The money will be used to fund channels that allow SolarAid to  sell and distribute solar lights via their not-for-profit subsidiary, SunnyMoney. £98,000 is the equivalent of 19,600 lights.Solarcentury is one of the biggest designers and installers of solar panels. Recently it installed panels on Blackfriars bridge in London.Frans van den Heuvel, CEO of Solarcentury said:“It makes us all very proud to witness SolarAid’s success. They are now the biggest distributor of solar lights in Africa having sold 847,154 lights to date. Establishing SolarAid has proven to be key to Solarcentury’s broader purpose: to make a big difference in the fight against climate change through widespread adoption of solar power.”Andrew Webb, MD of SolarAid said: Advertisement Solarcentury donates 5% of annual net profits to SolarAid “The relationship between SolarAid and Solarcentury is a special one… Without this vital support SolarAid wouldn’t be in the position we are today: running a social enterprise selling 65,000 solar study lamps a month.”Solarcentury is keen to encourage other companies to follow its approach. It invites those interested in supporting SolarAid’s work with a percentage of their profits to contact their Corporate Partnerships Manager Tessa Kipping.  15 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: corporatecenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 29 January 2014 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more