The startup provides rooftop solar installation and operational services that utilize photovoltaic technology and energy storage systems to lower energy costs for businesses and individuals. By enabling clients to reduce their energy expenditures and carbon emissions, the company creates long-term financial and environmental benefits.
Funding
$81.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
KINFounders
Product
Problem
Businesses face rising energy costs and grid instability, leading to increased operational expenses and potential disruptions. Traditional grid power relies on fossil fuels, contributing to carbon emissions and environmental concerns. Securing reliable and cost-effective energy solutions is a critical challenge for maintaining competitiveness and sustainability.
Solution
Candi Solar provides end-to-end solar and battery storage solutions, enabling businesses to reduce energy costs and enhance grid independence with zero upfront investment. The company offers customized financing and performance management, ensuring a seamless transition to renewable energy. Candi Solar handles the complete installation process, guaranteeing optimal performance and reliability of the solar power system. Their shared value model aligns their interests with the client's, ensuring long-term benefits and immediate savings through reduced reliance on expensive grid or diesel power. By integrating solar and battery solutions, Candi Solar empowers businesses to achieve operational continuity, enhanced liquidity, and sustainability goals.
Target Audience
Candi Solar primarily serves commercial and industrial businesses seeking to lower energy costs, improve grid reliability, and enhance sustainability through customized solar and battery solutions.
Features
- Customized solar and battery solutions tailored to specific business needs
- Flexible financing options with no upfront costs
- Complete installation and engineering services
- Performance management and maintenance included
- Zero-risk model: clients only pay for the energy produced
- Integration of battery energy storage systems (BESS) for backup power and grid independence
- Remote monitoring and data analytics for optimized system performance
- Compatibility with existing grid infrastructure