About Cleantech Solar
Cleantech Solar is a company based in Singapore (Singapore) founded in 2014 by Robert Alexander Morrice and Raju Shukla was acquired by Keppel in December 2021.. 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. Cleantech Solar operates in a competitive market with competitors including Octopus Energy, NextEra Energy, Galp, Sembcorp Industries and Fortum, among others.
- Headquarter Singapore, Singapore
- Founders Robert Alexander Morrice, Raju Shukla
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cleantech Energy Corporation Pte Ltd
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides solar projects without upfront costs for corporations.
Offers rooftop installations to generate clean electricity.
Develops wind projects for sustainable power generation.
Combines wind and solar for efficient renewable energy.
Funding Insights of Cleantech Solar
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $140.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Debt – Conventional - Cleantech Solar | Valuation | ING | |
| Jan, 2024 | Amount | Debt – Conventional - Cleantech Solar | Valuation |
investors |
|
| Oct, 2021 | Amount | Debt – Conventional - Cleantech Solar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture capital is invested primarily in South Korean startups.
|
Founded Year | Domain | Location | |
|
Diversified non-banking financial services are provided by Tata Capital.
|
Founded Year | Domain | Location | |
|
Finances operating infrastructure projects through debt funding.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cleantech Solar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cleantech Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleantech Solar Comparisons
Competitors of Cleantech Solar
Cleantech Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, NextEra Energy, Galp, Sembcorp Industries and Fortum, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility bill management platform is provided for tracking and billing.
|
|
| domain | founded_year | HQ Location |
Developer of energy solutions
|
|
| domain | founded_year | HQ Location |
Oil and gas exploration, production, and distribution are conducted.
|
|
| domain | founded_year | HQ Location |
Large-scale asset development and management are conducted globally.
|
|
| domain | founded_year | HQ Location |
Clean energy solutions for generation, retail, and heating are provided.
|
|
| domain | founded_year | HQ Location |
Solar farms are owned, developed, and financed in the USA.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cleantech Solar
Frequently Asked Questions about Cleantech Solar
When was Cleantech Solar founded?
Cleantech Solar was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Cleantech Solar located?
Cleantech Solar is headquartered in Singapore, Singapore.
What does Cleantech Solar do?
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.
Who are the top competitors of Cleantech Solar?
Cleantech Solar's top competitors include Octopus Energy, NextEra Energy and Neoen.
What products or services does Cleantech Solar offer?
Cleantech Solar offers Open Access Solar Energy Solutions, Rooftop Solar Energy Solutions, Wind Energy Solutions, and Wind-Solar Hybrid Energy Solutions.
Who are Cleantech Solar's investors?
Cleantech Solar has 9 investors. Key investors include ING, Shell, State Bank of India, Tata Capital, and The World Bank.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.