About Solaray Technology
Solaray Technology is a company based in Timaru (New Zealand) founded in 2003 by Brian Leslie Rae and Sarah Janette Rae. It operates as a B2B, and B2C. Solaray Technology offers products and services including On-Grid Solar Systems, Off-Grid Solar Systems, Solar Water Pumps, Solar Inverters, and Batteries. Solaray Technology operates in a competitive market with competitors including solarZero, Kea Energy, Bright Light Electrical, Ecoefficient Solutions and Solar Electric Technology, among others.
- Headquarter Timaru, New Zealand
- Founders Brian Leslie Rae, Sarah Janette Rae
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Sectors
Energy & Utilities
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Phone
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Website
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- Legal Name Solaray Technology Limited
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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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Investors
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Employee Count
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Products & Services of Solaray Technology
Solaray Technology offers a comprehensive portfolio of products and services, including On-Grid Solar Systems, Off-Grid Solar Systems, Solar Water Pumps, Solar Inverters, and Batteries. 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 grid-connected solar systems for residential and commercial energy needs.
Offers standalone solar systems for remote or independent power generation.
Delivers pumps powered by solar for rural and commercial water applications.
Converts solar energy into usable electricity for various system types.
Stores solar-generated power for reliable off-grid and backup use.
Funding Insights of Solaray Technology
| 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 |
Investments & Acquisitions by Solaray Technology
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Solaray Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Solaray Technology Comparisons
Competitors of Solaray Technology
Solaray Technology 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 solarZero, Kea Energy, Bright Light Electrical, Ecoefficient Solutions and Solar Electric Technology, 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.
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Solar panel installation services are provided across New Zealand.
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Generates renewable energy from hydro and solar sources for commercial clients in New Zealand.
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Installs solar power systems and electrical services for homes and businesses in Waikato.
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Offers solar panels, batteries, and heat pumps for residential and commercial energy needs.
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| domain | founded_year | HQ Location |
Offers solar system design, installation, and service for residential and commercial clients.
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| domain | founded_year | HQ Location |
Provides electrical services, solar power, LED lighting, and EV charging in Christchurch.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Solaray Technology
When was Solaray Technology founded?
Solaray Technology was founded in 2003.
Where is Solaray Technology located?
Solaray Technology is headquartered in Timaru, New Zealand. It is registered at Timaru, Canterbury, New Zealand.
What does Solaray Technology do?
Solaray Technology specializes in supplying and installing on-grid and off-grid solar power systems, solar water pumps, inverters, and batteries in New Zealand. They serve rural, domestic, and commercial clients by offering efficient, sustainable energy solutions. The company focuses on affordable solar technology to promote environmental well-being, with services including system design, installation, and maintenance for various applications.
Who are the top competitors of Solaray Technology?
Solaray Technology's top competitors include solarZero, Kea Energy and Bright Light Electrical.
What products or services does Solaray Technology offer?
Solaray Technology offers On-Grid Solar Systems, Off-Grid Solar Systems, Solar Water Pumps, Solar Inverters, and Batteries.