Subscribe to our free daily newsletters
  Solar Energy News  




Subscribe to our free daily newsletters



SOLAR DAILY
InnoEnergy-backed Solaris Offgrid raises 1M Euro to tackle global electricity poverty
by Staff Writers
Barcelona, Spain (SPX) May 22, 2017


Unlike other players in the industry, Solaris Offgrid combines its offer of modular hardware with tailor-made business support and cutting-edge proprietary cloud software - meaning that its partners have access to the exact solution that best meets their needs.

Solaris Offgrid, the pay-as-you-go solar energy solutions provider working to improve access to electricity across rural populations, has raised more than 1M euros to fund R adn D and grow into new markets - providing more homes and businesses with affordable, clean energy.

The funding comes as a direct result of Solaris Offgrid's success at The Business Booster, hosted by InnoEnergy, the innovation engine for sustainable energy across Europe. It will be used to support the firm both in growing its operations across the developing world and in continuing to create new, modular and scalable solutions for partners and customers.

Siten Mandalia, co-founder of Solaris Offgrid, says: "We're proud to have brought clean and safe electricity to almost 10,000 people, across six countries, since we began operations three years ago. But that's just the beginning. This latest round of funding will prove crucial as we work towards our ambition of providing power to 10 million people by 2022."

The most flexible off-grid solar solution in existence, Solaris Offgrid's pay-as-you-go technology can be scaled up from basic lighting to full-service communication, refrigeration and productive solutions - as and when customers need it. It has been particularly popular in Tanzania, where the company operates through its subsidiary Solaris Tanzania.

Alongside this, the company designs and manufactures integrated solutions for field partners, enabling them to provide affordable and sustainable energy access in off-grid areas - including in Kenya, Uganda, Nigeria, Benin and Senegal.

Unlike other players in the industry, Solaris Offgrid combines its offer of modular hardware with tailor-made business support and cutting-edge proprietary cloud software - meaning that its partners have access to the exact solution that best meets their needs.

Josep-Miquel Torregrosa, Business Creation Officer at InnoEnergy, which has supported the venture through its InnoEnergy Highway acceleration program and invested more than euro 150,000 in the current investment round, says: "We're very proud of the progress Solaris Offgrid has made since joining our programme in 2016 and we're delighted that it is continuing to create impact with this latest investment.

"The success of this funding round, whose lead investor was met at the Business Booster event in Barcelona last year, is testament to the true power of the InnoEnergy offer, with events like the TBB."

Solaris Offgrid's investors include but are not limited to: InnoEnergy; rural electrification fund, GAIA Impact Fund; and impact venture builder, Zubi Labs.

Helene Demaegdt at GAIA Impact, says: "We've been impressed by Solaris Offgrid's flexible mindset and focus on innovation. With this latest funding, we believe the company is now in a strong position from which to accelerate its growth into new areas, create long-term value for its shareholders and stakeholders, and positively impact the lives of millions affected by energy poverty in Africa."

SOLAR DAILY
EU SmartFlex project finishes reference solar facade
Vilnius, Lithuania (SPX) May 22, 2017
The EU-supported "SmartFlex Solarfacades" project has successfully completed the test operation of its referece solar facade. A glass facade featuring a wide range of semi-transparent solar modules that had been custom-designed but industrially manufactured was installed as a "second skin" on the office building of the Lithuanian glass processor Glassbel. The exceptional size and weight of ... read more

Related Links
Solaris Offgrid
All About Solar Energy at SolarDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SOLAR DAILY
A full life cycle assessment of second-generation biofuels

Triple play boosting value of renewable fuel could tip market in favor of biomass

Insight into enzyme's 3-D structure could cut biofuel costs

Microbial fuel cell converts methane to electricity

SOLAR DAILY
3-D-printed, soft, four legged robot can walk on sand and stone

Ready, Set, Go! Rematch of man vs machine in ancient game

Virtual top hats allow swarming robots to fly in tight formation

GE Appliances to get Google voice control option

SOLAR DAILY
Scientists track porpoises to assess impact of offshore wind farms

Dutch open 'world's largest offshore' wind farm

OX2 will manage a 45 MW wind farm owned by IKEA Group in Lithuania

Building Energy celebrates the beginning of operations and electricity generation of its first wind farm

SOLAR DAILY
China's Geely boosts expansion with Proton, Lotus stakes

China scrambles to tame bike chaos

Hong Kong police arrest 21 Uber drivers in sting

China's JAC says electric car tie-up with VW approved

SOLAR DAILY
How scientists turned a flag into a loudspeaker

Graphene-nanotube hybrid boosts lithium metal batteries

Better cathode materials for lithium-sulphur-batteries

Laser pulses reveal the superconductors of the future

SOLAR DAILY
Swiss vote for gradual nuclear phaseout, energy makeover

Hungary: AREVA NP awarded contract for safety IC modernization at Paks Nuclear Power Plant

India to build 10 domestic nuclear power reactors

Japan restarts another reactor

SOLAR DAILY
China further opens energy sector to private investment

Australia power grid leased to local-foreign consortium

Poland central to EU energy diversification strategy

Myanmar recovery linked to development of electrical grid

SOLAR DAILY
Myanmar's extensive forests are declining rapidly due to political and economic change

The superhighway threatening Nigeria's tropical rainforest

Greenpeace says Canadian forestry lawsuit aims to silence critics

Study refutes findings behind challenge to Sierra Nevada forest restoration




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement