About Premier Solar Group
Premier Solar Group is a company based in Nairobi (Kenya) founded in 2015. Premier Solar Group has raised $10 million across 1 funding round from investors including FMO. The company has 1 employees. Premier Solar Group offers products and services including Solar PV System, Rooftop Solar, Ground-Mount Solar, and Carport Solar. Premier Solar Group operates in a competitive market with competitors including Equator Energy, Xago Africa, Brighter Life Kenya, PowerGen Technologies and Sunken, among others.
- Headquarter Nairobi, Kenya
- Employees 1
- SectorsEnergy & Utilities
- Website premiersolargroup.com
- Social LinkedIn X Facebook YouTube
- Legal Name Suvit Solar Systems Private Limited
- Date of Incorporation 09 Sep, 2020
- Jurisdiction Delhi, India
- Total Equity Funding$10 M (USD)
in 1 rounds
- Latest Funding Round$10 M (USD), Private Equity Round
Nov 2022
- Investors
- Employee Count1
Associated legal entities of Premier Solar Group
Premier Solar Group operates through Suvit Solar Systems Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Suvit Solar Systems Private Limited CIN U40106DL2020PTC369556 | Strike Off | 09 Sep 2020 | Delhi, Delhi | – | – | 2 | View details |
Products & Services of Premier Solar Group
Premier Solar Group offers a comprehensive portfolio of products and services, including Solar PV System, Rooftop Solar, Ground-Mount Solar, and Carport Solar.
Customized systems for energy generation in various sectors
Design and installation for commercial and institutional buildings
Large-scale solar setups for agricultural and telecom use
Integrated solar solutions for parking and institutional areas
Apps and channels of Premier Solar Group
its YouTube channel Premier Solar Solutions has 37 subscribers.
Funding Insights of Premier Solar Group
Premier Solar Group has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $10 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.0M
- Total Rounds 1
- Last Round Private Equity Round — $10.0M
- First Round $10.0M
(Nov 2022)
- Investors Count 1
All 1 funding rounds of Premier Solar Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $10.0M | Private Equity Round | – | FMO | – |
1 investors in total: 1 institutional.
Investors in Premier Solar Group
Premier Solar Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FMO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands |
Investor details for Premier Solar Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Suvit Solar Systems Private Limited (Premier Solar Group)
Suvit Solar Systems Private Limited is the primary company behind Premier Solar Group. The board of Suvit Solar Systems Private Limited currently have 2 directors; the longest-serving is Sadhana Surey, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sadhana Surey DIN 08163712 | Director | 09 Sep 2020 | 6 yrs | Suvit Solar Systems Private Limited |
| Rajat Surey DIN 06382387 | Director | 09 Sep 2020 | 6 yrs | Suvit Solar Systems Private Limited |
Timeline of Premier Solar Group
2 dated milestones of Premier Solar Group across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Premier Solar Group is founded.
- Funding First funding round of $10.0M.
Competitors of Premier Solar Group
Premier Solar Group 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 Equator Energy, Xago Africa, Brighter Life Kenya, PowerGen Technologies and Sunken, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equator.energy | 2016 | Nairobi, Kenya | – | – | Solar and wind energy projects are developed in renewable sector. | |
| xagoafrica.com | 2014 | Nairobi, Kenya | – | – | Engineering and project development for solar and hydro in Zambia. | |
| brighterlifekenya.org | 2013 | Nairobi, Kenya | – | – | Developer of renewable energy projects | |
| powergentechnologies.co.ke | 2011 | Nairobi, Kenya | – | – | Power utility and telecom projects are developed in Africa. | |
| sunkenlimited.com | 2016 | Nairobi, Kenya | – | – | Solar energy projects are developed by Sunken in Kenya. | |
| safi-power.com | 2018 | Nairobi, Kenya | – | – | Offers cost-effective solar and renewable energy for businesses in Eastern Africa. | |
| maxengservices.com | 2021 | Nairobi, Kenya | – | – | Provides solar engineering, procurement, and construction services for sustainable projects. | |
| eastgateinternational.co.ke | 2010 | Nairobi, Kenya | – | – | Offers advisory and partnership services for foreign investors in African markets and sectors. |
Detailed competitors of Premier Solar Group
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Premier Solar Group
10 companies that operate in the same segment as Premier Solar Group (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Frequently Asked Questions about Premier Solar Group
Premier Solar Group was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Premier Solar Group is headquartered in Nairobi, Kenya.
Premier Solar Group is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $10M, raised on Nov 2022.
Premier Solar Group has 1 employees.
Premier Solar Group was established in 2015 and is headquartered in Nairobi, Kenya. Operations focus on the renewable energy sector, where solar power initiatives are developed and managed. Services encompass project planning, installation, and maintenance for various scales of solar installations. Activities are centered in East Africa, supporting local energy needs through sustainable infrastructure.
Premier Solar Group's top competitors include Xago Africa, Equator Energy and PowerGen Technologies.
Premier Solar Group offers Solar PV System, Rooftop Solar, Ground-Mount Solar, and Carport Solar.
Premier Solar Group has 1 investor. Key investors include FMO.
Premier Solar Group operates through Suvit Solar Systems Private Limited.
The legal entities of Premier Solar Group currently have 2 directors, including Sadhana Surey, Rajat Surey.