Skye Renewables is a solar energy-as-a-service company based in Southeast Asia. We design, finance, and operate on-site captive solar projects for commercial and industrial clients, allowing them to enjoy lower-cost, cleaner electricity without incurring any upfront capital costs.
Funding
$32.8M 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.
Founders
Product
Problem
Commercial and industrial clients face increasing pressure to reduce carbon emissions and energy costs, but the upfront capital expenditure for renewable energy projects can be a significant barrier. Traditional grid electricity tariffs are also subject to unpredictable increases, making long-term energy budgeting difficult.
Solution
Skye Renewables offers renewable energy solutions to commercial and industrial clients in Southeast Asia through long-term power purchase agreements (PPAs). Skye Renewables develops, finances, and operates both on-site (rooftop) and off-site solar and wind projects, enabling clients to access cheaper, cleaner electricity without upfront capital investment. By providing end-to-end solutions, including preliminary on-site checks, installations, and ongoing operation and maintenance, Skye Renewables ensures a seamless transition to renewable energy. Customers benefit from fixed Solar PV Electricity Tariffs throughout the contract, providing assurance against tariff increases and enabling better sustainability and cost savings.
Target Audience
Skye Renewables primarily serves commercial and industrial clients in Southeast Asia seeking to reduce energy costs, decrease their carbon footprint, and enhance their sustainability strategy.
Features
- Development, financing, and operation of on-site and off-site solar and wind projects
- Long-term power purchase agreements (PPAs) with fixed electricity tariffs
- End-to-end solutions, including site assessment, installation, and maintenance
- Partnerships with Tier 1 PV panel and inverter providers
- Structural assessment to ensure roof integrity before installation
- Support for organizations to minimize carbon emissions and improve operational efficiency
- Assistance with aligning with the United Nation’s Sustainable Development Goals