Read also- AFRICA: d.light raises $15M to distribute its solar lighting kitsĭ.light distributes solar-powered lighting equipment ranging from solar home systems to solar lanterns. “In addition to the $238 million off-balance sheet facility and other financings completed in the past six months, this brings the total capital raised for d.light in 2022 to more than $300 million,” notes Mirova SunFunder. The recently raised USD 50 million financing will support the same expansion strategy, with the addition of new ranges of solar PV powered appliances in rural areas. In June 2022, the company secured $238 million in par value receivables financing over a two-year commitment period as part of Brighter Life Kenya 2 Limited (BLK2), a local currency solar home systems financing facility to benefit Kenya and other East African countries.
DLIGHT BY THE SEA SERIES
The credit line is one of a series of financings obtained by d.light in recent months. It is a $50 million line of credit opened by a consortium of lenders including Mirova SunFunder, the Trade and Development Bank (TDB), a trade and development financial institution operating in East and Southern Africa, and the Netherlands Development Finance Company (FMO). The clean electricity access solutions provider is getting new funding for its expansion in Africa. The Washington Post's Timothy McLaughlin in Hong Kong contributed to this report.Ĭomment threads are monitored for 48 hours after publication and then closed.Good news for d.light. The European Union similarly barred Indonesian carriers from flying into European airspace from 2007 until June.
The FAA lifted the ban in 2016 after the country's airlines showed signs of improvement. Its airlines were banned from flying to the United States in 2007 because they were "deficient in one or more areas, such as technical expertise, trained personnel, record-keeping, or inspection procedures," the Federal Aviation Administration said. But the country has suffered from safety oversights in the past. Indonesia is Southeast Asia's biggest aviation market, according to the Centre for Aviation, a travel market research company, bolstered by a rising middle class and the necessity of air travel to navigate the large archipelago. His ministry has also asked Lion Air to suspend the licenses of a number of officials, including its maintenance director, engineering director and flight maintenance director, while they aid in the investigation. The committee will discuss the details of its evaluation with Boeing, he added, which has sent a team of engineers to Jakarta. Radar showed the aircraft climbed and descended erratically, and its speed increased dramatically before it lost contact with air traffic controllers.īudi Karya Sumadi, Indonesia's transportation minister, said 10 Boeing 737 Max 8 planes operated by Lion Air and one operated by Garuda, Indonesia's national airline, have been grounded and are being inspected and evaluated by the transportation safety committee. A few minutes into the flight, the pilot asked permission to return to the airport, a request that was granted. Lion Air Flight 610 took off from Jakarta's Soekarno-Hatta International Airport for the mining region of Pangkal Pinang early Monday. "Analysis can be done, but it is not complete without the CVR," he said, referring to the cockpit voice recorder, which still has not been located. If the flight data recorder were the one found, it would probably be brought to the National Transportation Safety Committee laboratory, where investigators would begin to look through the information, said Alvin Lie, a former member of the Indonesian parliament and an aviation analyst.
The twin-engine jet plunged into the sea just 13 minutes after takeoff, hitting the water with such speed and force that no victim has been found alive.įinding the "black box" recorders are considered crucial to piece together the last moments of the ill-fated flight. The crash Monday of Boeing's popular 737 Max 8 has so far puzzled experts. Investigators initially said the device found was likely the flight data recorder but noted late Thursday they were unclear which of the two was in hand. An airplane has two recorders: one that captures flight data such as readings from electronic systems, and another that records the pilot and co-pilot in the cockpit.
The bright orange flight recorder was found 100 feet underwater close to the coast of Jakarta. JAKARTA, Indonesia - Divers recovered a flight recorder Thursday from the wreckage of a Lion Air jet in the Java Sea, a crucial discovery that may help investigators determine how a new plane fell out of clear skies in one of the worst commercial air disasters in recent years. MUST CREDIT: Bloomberg photo by Rony Zakaria. Relatives comfort each other at the Lion Air flight JT610 crisis center at Soekarno-Hatta International Airport in Jakarta, Indonesia, on Oct.
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