This startup provides grid-tied, off-grid, and hybrid solar thermal systems along with water pump solutions to facilitate the transition to renewable energy. By enabling customers to access cost-effective clean energy, the company helps reduce carbon dioxide emissions associated with traditional energy sources.
Funding
$970K 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
Many homes and businesses face high electricity costs and dependence on traditional energy sources, contributing to carbon emissions and financial instability due to fluctuating tariffs. Off-grid communities often lack access to reliable and affordable energy, hindering their economic and social development.
Solution
SOLS Energy provides grid-tied, off-grid, and hybrid solar photovoltaic (PV) systems and EV chargers, enabling a transition to renewable energy for homes, businesses, and underserved communities. For residential customers, SOLS Energy offers customized solar PV systems that reduce electricity bills by up to 90% through self-consumption and net energy metering (NEM) programs. Commercial clients can reduce operating costs by up to 75% with solar PV installations, benefiting from tax incentives and contributing to sustainability goals. SOLS Energy also addresses energy poverty by installing pico solar systems in off-grid homes, improving access to lighting and electricity while creating green jobs through its Solar Academy.
Target Audience
The primary target audience includes homeowners seeking to reduce electricity bills and carbon footprint, businesses aiming to lower operating costs and improve sustainability, and off-grid communities lacking access to reliable energy.
Features
- Customized solar PV system design using proprietary software to match unique energy profiles
- High-quality solar panels, inverters, and EV chargers from Tier 1 Bloomberg suppliers (JA Solar, TW Solar, Huawei, Growatt)
- Grid-tied, off-grid, and hybrid system configurations
- Net Energy Metering (NEM) integration to export excess energy to the grid
- Remote monitoring for proactive system maintenance and performance optimization
- In-house installation team comprised of trained and qualified technicians
- Financing options including Power Purchase Agreements (PPA), business loans, and outright purchase
- Support for government incentives such as SolaRIS and NEM Rakyat