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Powering the Future: Candi Solar Secures $38 Million in Funding for Innovative Solar Solutions

Candi Solar

Funding Amount
USD 38.0M
Company Size
51-200 employees
Industry
Solar Electric Power Generation

Candi Solar is thrilled to announce that we have successfully raised $38 million in our latest funding round. This significant investment underscores our commitment to revolutionizing the solar energy landscape and highlights the trust our partners place in our innovative, end-to-end solar and battery solutions. At Candi Solar, we pride ourselves on our ability to collaborate closely with businesses, offering customized solutions that align with their specific energy needs. Our flexible and adaptive approach, combined with our deep financial expertise, ensures that we can deliver exceptional value through our shared value model. This model not only allows us to own the risk but also guarantees that our partners enjoy the full rewards of their investment in sustainable energy. The newly acquired funds will be strategically allocated to expand our operations, enhance our technology infrastructure, and increase our outreach to businesses that aspire to transition to renewable energy sources. By investing in advanced solar solutions and battery storage systems, we aim to empower more companies to take meaningful action toward reducing their carbon footprint and embracing sustainable practices. As we move forward, Candi Solar remains dedicated to being a trusted partner in the journey toward a greener future, ensuring that businesses can easily access the benefits of solar energy without the complexities often associated with such transitions. We are excited about the possibilities this funding opens up and look forward to supporting more organizations in their quest for a sustainable and economically viable energy solution.

December 6, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Solar Panels
  • Battery Solutions
  • Energy Management Systems
  • Financial Services for Solar Projects
  • Operational Risk Management

Investors

Norfund

Kyuden International

STOA

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