About Solarcentury
Solarcentury is a company based in London (United Kingdom) founded in 1998 was acquired by Statkraft in November 2020.. Solarcentury has raised $38.33 million across 8 funding rounds from investors including HSBC, NatWest and Actis. The company has 121 employees as of March 31, 2021. Solarcentury operates in a competitive market with competitors including Elgin, Empower Energies, Push Energy, Octopus Energy Generation and Atrato Onsite Energy, among others.
- Headquarter London, United Kingdom
- Employees 121 as on 31 Mar, 2021
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Solar Century Holdings Limited
- Date of Incorporation 26 May, 1998
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$1.65 M (USD)-99as on Dec 31, 2023
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Net Profit
$3.76 M (USD)-94as on Dec 31, 2023
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EBITDA
$4.98 M (USD)-93as on Dec 31, 2023
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Total Equity Funding
$38.33 M (USD)
in 8 rounds
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Latest Funding Round
$366.38 K (USD), Grant
Sep 01, 2020
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Investors
HSBC
& 13 more
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Employee Count
121
as on Mar 31, 2021
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Acquired by
Statkraft
(Nov 02, 2020)
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Funding Insights of Solarcentury
Solarcentury has successfully raised a total of $38.33M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $366.38 thousand completed in September 2020. 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 Total Funding
- Total Rounds 8
- Last Round Grant — $366,381
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First Round
First Round
(15 May 2006)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Grant - Solarcentury | Valuation |
investors |
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| Jun, 2020 | Amount | Debt – Conventional - Solarcentury | Valuation |
investors |
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| Jan, 2020 | Amount | Debt – Conventional - Solarcentury | Valuation |
investors |
| 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 |
Investors in Solarcentury
Solarcentury has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, NatWest and Actis. 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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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Sustainable infrastructure projects are invested in for essential services.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech companies
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solarcentury
| 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 - Solarcentury
| 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 |
Solarcentury Comparisons
Competitors of Solarcentury
Solarcentury 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 Elgin, Empower Energies, Push Energy, Octopus Energy Generation and Atrato Onsite 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of solar renewable energy power projects
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| domain | founded_year | HQ Location |
Solar projects are developed and installed by the company.
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| domain | founded_year | HQ Location |
Solar farms are developed and EPC services are provided.
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| domain | founded_year | HQ Location |
Invests in renewable energy assets and manages solar and wind projects globally.
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| domain | founded_year | HQ Location |
Solar panel installation and financial advisory services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Solarcentury
Frequently Asked Questions about Solarcentury
When was Solarcentury founded?
Solarcentury was founded in 1998 and raised its 1st funding round 8 years after it was founded.
Where is Solarcentury located?
Solarcentury is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Solarcentury a funded company?
Solarcentury is a funded company, having raised a total of $38.33M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $62.49M, raised on May 15, 2006.
How many employees does Solarcentury have?
As of Mar 31, 2021, the latest employee count at Solarcentury is 121.
What is the annual revenue of Solarcentury?
Annual revenue of Solarcentury is $1.65M as on Dec 31, 2023.
What does Solarcentury do?
Solarcentury was founded in 1998 and is based in London, United Kingdom. As an EPC provider in the solar energy sector, solar installations are delivered for utility-scale, commercial, and residential projects. Operations span global sites, with over 750 MWp installed across more than 1,000 locations. Over 25,000 homes have been equipped with solar solutions.
Who are the top competitors of Solarcentury?
Solarcentury's top competitors include Elgin, 3ti and Push Energy.
Who are Solarcentury's investors?
Solarcentury has 14 investors. Key investors include HSBC, NatWest, Actis, European Investment Bank, and European Union.