Business Creation

Solaris Offgrid

Affordable, accessible energy from off-grid,pay-as-you-go solar-powered home systems.

Their story

Solaris was born on 2014, founded by three people that were passionate by the question of providing access to people in remote areas and trying to find sustainable and scalable solutions

Achievements

Solaris entered the Highway in 2016, in the first-year they had already a 94% annual growth rate and they raised €1.5M investment raised. Today their valuation has increased by 3, they have created 60 direct jobs and many more indirect and have 80 kW Solar PV installed.

Support received from InnoEnergy

During the Highway Solaris received support for defining their product, exposure to potential customers, access to finance and fund raising and

The Future

Solaris Offgrid has the ambition to bring energy to at least 20000 people

The Highway effect

During the Highway Solaris had the opportunity to develop their product offering, test it against first customers and look for funding to face the company ambitions.

 

2016
2016Entered the Highway
94% first-year annual growth rate
€1.5M investment raised
60 direct jobs created2017
201880 kW Solar PV installed
€3M current company valuation
2019

Direct line with Siten Mandala, founder

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