Cleantech Solar

Singapore, Singapore Founded: 2014 • Age: 12 yrs Acquired By Keppel
Provider of solar power producer on distributed scale

About Cleantech Solar

Cleantech Solar is an Energy & Utilities company based in Singapore (Singapore) founded in 2014 by Robert Alexander Morrice and Raju Shukla, and was acquired by Keppel in December 2021. Provider of solar power producer on distributed scale. Its website cleantechsolar.com draws about 11 thousand monthly visits. Cleantech Solar offers products and services including Open Access Solar Energy Solutions, Rooftop Solar Energy Solutions, Wind Energy Solutions, and Wind-Solar Hybrid Energy Solutions. Its focus areas include Energy, Solar Energy, Independent Power Producer and Distributed. Its legal entity is Cleantech Energy Corporation Pte Ltd.

Company details

Cleantech Solar was founded in 2014 in Singapore, Singapore, within the cleantech sector. Distributed solar power production is managed by the company, with operations centered on generating and delivering solar energy solutions. Services focus on scalable solar installations for various applications. The firm is co-led by Robert Alexander Morrice and Raju Shukla, supporting regional solar infrastructure development.

  • Headquarters Singapore, Singapore
  • Founders Robert Alexander Morrice, Raju Shukla
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cleantechsolar.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Keppel (Dec 2021)
  • Legal Name Cleantech Energy Corporation Pte Ltd
Key Metrics
  • Latest Funding Round
    $140M (USD), Debt – Conventional

    Jul 2025

  • Investors
    ING

    & 8 more

  • Acquired by
    Keppel

    (Dec 2021)

Products & Services of Cleantech Solar

Cleantech Solar offers a comprehensive portfolio of products and services, including Open Access Solar Energy Solutions, Rooftop Solar Energy Solutions, Wind Energy Solutions, and Wind-Solar Hybrid Energy Solutions.

Open Access Solar Energy Solutions
Solar Energy

Provides solar projects without upfront costs for corporations.

Rooftop Solar Energy Solutions
Solar Energy

Offers rooftop installations to generate clean electricity.

Wind Energy Solutions
Wind Energy

Develops wind projects for sustainable power generation.

Wind-Solar Hybrid Energy Solutions
Hybrid Energy

Combines wind and solar for efficient renewable energy.

Apps and channels of Cleantech Solar

its YouTube channel Cleantech Solar has 275 subscribers and 30 videos.

Cleantech Solar
YouTube 275 subscribers 30 videos Science & Technology
Open channel

Videos from Cleantech Solar

The most watched videos on Cleantech Solar's YouTube channel, Cleantech Solar (275 subscribers). Click a video to play it here.

Coca Cola Cambodia solar system
7.3K views
Apollo Tyres Rooftop PV Installation – short version
4.4K views
How Cleantech Solar Works
3.7K views
Coca Cola Customer Testimonials
2.2K views

More on Cleantech Solar.

Funding Insights of Cleantech Solar

  • Total Rounds 7
  • Last Round Debt – Conventional β€” $140M
  • Investors Count 8

All 7 funding rounds of Cleantech Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2025$140MDebt – Conventional–ING
Jan 2024$75.19MDebt – Conventional––
Oct 2021$26.73MDebt – Conventional––
Jun 2020$75MDebt – Conventional––
Mar 2020$15MDebt – Conventional––
Dec 2018Series A–Shell
–
Jun 2018Series A––
Valuation history

9 investors in total: 9 institutional.

Investors in Cleantech Solar

Cleantech Solar has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include ING, Shell and State Bank of India.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital is invested primarily in South Korean startups.
2012dscinvestment.comSeoul, South Korea
Diversified non-banking financial services are provided by Tata Capital.
2007tatacapital.comMumbai, India
Finances operating infrastructure projects through debt funding.
2014niififl.inMumbai, India
Commercial banking and insurance services are provided globally by ING.
1991ing.comAmsterdam, Netherlands
Commercial banking and financial services are provided to diverse clients.
1806sbi.co.inMumbai, India
Provider of financial products and technical assistance services to world banks
1944worldbank.orgUnited States
Shell is recognized as a global energy and petrochemical company.
1907shell.comLondon, United Kingdom
Infrastructure credit platform is operated for global project financing.
cliffordcap.sgSingapore, Singapore
Global asset manager and operator focused on sustainable solutions.
kepcorp.comSingapore, Singapore
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Investor details for Cleantech Solar

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Cleantech Solar

The boards of the 2 registered companies of Cleantech Solar currently have 2 directors; the longest-serving is Vikash Agarwal, appointed in 2023. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vikash Agarwal
DIN 08453328
Director14 Jun 20233 yrs 4 moCleantech Solar Energy (India) Private Limited, Cse Development (India) Private Limited
Sanjay Kumar Gupta
DIN 10922519
Director06 Feb 20251 yr 8 moCleantech Solar Energy (India) Private Limited, Cse Development (India) Private Limited

People of Cleantech Solar

2 people are tracked at Cleantech Solar (2 in leadership).

NameRoleGroup
Robert Alexander Morrice
Co-FounderLeadership
Raju Shukla
Co-FounderLeadership
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Complete people profiles for Cleantech Solar

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Financials of Cleantech Solar

Figures of Cleantech Solar Energy (India) Private Limited, the primary company behind Cleantech Solar, for FY 2025. Revenue was ₹53.82 Cr (-24% year on year). Net loss was -₹2.79 Cr (-5% margin). EBITDA was ₹44.60 Cr (83% margin).

  • ₹53.82 CrRevenue · FY 2025 · -24% YoY
  • -₹2.79 CrNet loss · -5% margin
  • ₹44.60 CrEBITDA · 83% margin
  • ₹25.02 CrPaid-up capital
  • 1Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Cleantech Solar Energy (India) Private Limited are on its company page.

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Detailed financial statements for Cleantech Solar

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Cleantech Solar

4 dated milestones of Cleantech Solar across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cleantech Solar is founded.
  2. Funding First funding round.
  3. Exit Acquired by Keppel.
  4. Funding Latest funding round, Debt – Conventional, of $140.0M.

Web traffic of Cleantech Solar

The website of Cleantech Solar (cleantechsolar.com) receives about 10.6K visits a month.

  • Monthly visits
    10.6K

    ▼ 47.6% vs previous month

Similar websites

Websites whose visitors overlap most with Cleantech Solar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cleanmax.com
100%
12.3K#1,858,550View details
pahalsolar.com
97%
3.3K#5,276,532View details
solaralert.com.my
solaralert.com.my
95%
#12,419,776–
sgurrenergy.com
94%
3.1K#5,465,568View details
rayspowerinfra.com
93%
3K#5,456,216View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 29 similar websites and full traffic analytics for Cleantech Solar

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Related news about Cleantech Solar

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Complete news archive for Cleantech Solar

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Frequently Asked Questions about Cleantech Solar

Cleantech Solar was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Cleantech Solar is headquartered in Singapore, Singapore.

Cleantech Solar was founded in 2014 in Singapore, Singapore, within the cleantech sector. Distributed solar power production is managed by the company, with operations centered on generating and delivering solar energy solutions. Services focus on scalable solar installations for various applications. The firm is co-led by Robert Alexander Morrice and Raju Shukla, supporting regional solar infrastructure development.

Cleantech Solar offers Open Access Solar Energy Solutions, Rooftop Solar Energy Solutions, Wind Energy Solutions, and Wind-Solar Hybrid Energy Solutions.

Cleantech Solar has 9 investors. Key investors include ING, Shell, State Bank of India, Tata Capital, and The World Bank.

Cleantech Solar is associated with 2 legal entities: Cleantech Solar Energy (India) Private Limited, Cse Development (India) Private Limited.

Yes. Cleantech Solar was acquired by Keppel in December 2021.

The legal entities of Cleantech Solar currently have 3 directors, including Chetan Jain, Vikash Agarwal, Sanjay Kumar Gupta.

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