About Renu Energy Solutions
Renu Energy Solutions is a company based in Charlotte (United States) founded in 2010 was acquired by Swell Energy in February 2024.. Renu Energy Solutions offers products and services including Residential Solar, Commercial Solar, Energy Storage, and EV Charging. Renu Energy Solutions operates in a competitive market with competitors including Enel X, Dominion Energy, Lightsource BP, EDF Renewable Energy and Origis Energy, among others.
- Headquarter Charlotte, United States
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Swell Energy
(Feb 07, 2024)
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Products & Services of Renu Energy Solutions
Renu Energy Solutions offers a comprehensive portfolio of products and services, including Residential Solar, Commercial Solar, Energy Storage, and EV Charging. 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.
Custom solar systems for home energy needs.
Solar solutions for business power requirements.
Storage options like Tesla Powerwall for energy backup.
Installation of electric vehicle charging stations.
Funding Insights of Renu Energy Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renu Energy Solutions
Renu Energy Solutions has secured backing from 1 investor. Prominent investors backing the company include Swell Energy. 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 |
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Reseller and installer of energy storage devices
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Renu Energy Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Renu Energy Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renu Energy Solutions Comparisons
Competitors of Renu Energy Solutions
Renu Energy Solutions 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 Enel X, Dominion Energy, Lightsource BP, EDF Renewable Energy and Origis Energy, 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 |
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| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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Energy production and transportation are conducted by Dominion Energy.
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Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed and operated.
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Utility-scale and commercial solar projects are developed worldwide.
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| domain | founded_year | HQ Location |
Hardware and home improvement products are supplied to retail markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renu Energy Solutions
Frequently Asked Questions about Renu Energy Solutions
When was Renu Energy Solutions founded?
Renu Energy Solutions was founded in 2010.
Where is Renu Energy Solutions located?
Renu Energy Solutions is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Renu Energy Solutions?
Jay Radcliffe is the current CEO of Renu Energy Solutions.
What does Renu Energy Solutions do?
Renu Energy Solutions was founded in 2010 and is headquartered in Charlotte, North Carolina, United States. Operations focus on the solar energy sector, where residential and commercial rooftop photovoltaic systems are designed, installed, engineered, constructed, operated, activated, maintained, and serviced. Consultation and financing options, including tax credits, are also offered to clients across North Carolina.
Who are the top competitors of Renu Energy Solutions?
Renu Energy Solutions's top competitors include Enel X, Lightsource BP and Dominion Energy.
What products or services does Renu Energy Solutions offer?
Renu Energy Solutions offers Residential Solar, Commercial Solar, Energy Storage, and EV Charging.
Who are Renu Energy Solutions's investors?
Renu Energy Solutions has 1 investor. Key investors include Swell Energy.
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