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SunSource Energy

228 employees

SunSource Energy is a leading provider of solar-based energy and storage solutions to commercial, industrial and institutional customers. Established in 2010 and headquartered in Delhi NCR, the company develops, builds, and operates distributed power infrastructure for its clients and has assets across 24 states in India and in Southeast Asia. The firm offers customized solar power solutions to clients through innovative business models for on-site and off-site PPAs (Power Purchase Agreements). As the preferred energy transition partner, SunSource Energy manages the entire life cycle of the solar project they take up – from financing and development to asset management. Today, SunSource Energy has developed a portfolio of over 400 MWs* of Solar Power projects and is the preferred partner for over 150 Commercial & Industrial firms like Coca-Cola, GE, Celebi, Indian Oil, Max Healthcare, Yakult, Himalaya, Dominos, Pepsico and many others. With its existing portfolio, the company will offset over 5L tonnes of CO2 emission per year. In March 2021, SHV Energy, a leading global distributor of off-grid energy, acquired a majority stake in SunSource Energy. SHV Energy is active in the area of sustainable fuels and renewable energy solutions and is part of the Netherlands-based, 125-year-old SHV Holdings.

Investor insights

Funding rounds participated in

$6.6M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Renewable Energy Semiconductor Manufacturing

Sectors

Renewable Energy Semiconductor Manufacturing

Date founded

2010

Funding rounds raised

Total raised

$6.6M

from 1 investors over 1 rounds

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SunSource Energy raised $6.6M on March 16, 2018

Investors: Neev Fund

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