SOLS Energy Sdn. Bhd.

Renewable EnergySeries AKuala Lumpur, Malaysiasolsenergy.com

Latest round

Series A

Last raised

Jul 2020

Total raised

$1M

Investors

2

About SOLS Energy Sdn. Bhd.

SOLS Energy Sdn. Bhd.Founded in 2015 in Kuala Lumpur, Malaysia, SOLS Energy specializes in green energy solutions.47 mn.86 mn post-money.SOLS Energy specializes in providing green energy solutions, primarily focusing on residential solar panel installations and energy access initiatives. The company's core offerings include high-quality home solar photovoltaic (PV) systems designed to drastically reduce electricity bills, allowing customers to save up to 90% on energy costs. Additionally, SOLS Energy addresses energy access for underserved communities by implementing a One-for-One program, where a pico solar system is installed in an Orang Asli home lacking electricity for every solar installation completed for paying customers. This dual approach not only facilitates energy independence but also supports sustainable development by creating well-paying jobs in the green energy sector.SOLS Energy generates revenue primarily through direct-to-consumer sales of solar PV systems and related energy solutions.20. Customers typically enter into agreements for the installation of solar panels, with potential ongoing maintenance and monitoring services provided as value-added offerings. The revenue structure is bolstered by savings generated for customers, leading to word-of-mouth referrals and new customer acquisitions, particularly within the B40 community.SOLS Energy's future growth strategy includes plans to develop and launch new products aimed at enhancing energy access and efficiency in the coming years. The company aims to expand into international markets, particularly targeting regions in Southeast Asia, by 2025.

Who invested in SOLS Energy Sdn. Bhd.

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Jul 24, 2020

    Amount

    $0.5M

    Investors

    Locked

  2. Seed

    Jan 28, 2019

    Amount

    $0.5M

    Investors

    Locked

Questions about SOLS Energy Sdn. Bhd.

Who invested in SOLS Energy Sdn. Bhd.?

SOLS Energy Sdn. Bhd. has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SOLS Energy Sdn. Bhd. raised?

SOLS Energy Sdn. Bhd. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SOLS Energy Sdn. Bhd. last raise money?

SOLS Energy Sdn. Bhd.'s most recent round on record is a Series A, in Jul 2020.

What does SOLS Energy Sdn. Bhd. do?

SOLS Energy Sdn. Bhd. is a renewable energy company.

Where is SOLS Energy Sdn. Bhd. headquartered?

SOLS Energy Sdn. Bhd. is headquartered in Kuala Lumpur, Malaysia.

Which VCs invest in companies like SOLS Energy Sdn. Bhd.?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back renewable energy companies at SOLS Energy Sdn. Bhd.'s stage. Their profiles are linked below.

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