About Solareff
Solareff is a company based in Roodepoort (South Africa) founded in 2010 was acquired by STANLIB in August 2023.. Solareff offers products and services including Grid-Tied Solar PV, Battery Energy Storage, Operations and Maintenance, and Power Purchase Agreement. Solareff operates in a competitive market with competitors including groSolar, Sturdee Energy, Wetility, Mulilo and Sun Exchange, among others.
- Headquarter Roodepoort, South Africa
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Sectors
Energy & Utilities
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Phone
*********
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Website
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Products & Services of Solareff
Solareff offers a comprehensive portfolio of products and services, including Grid-Tied Solar PV, Battery Energy Storage, Operations and Maintenance, and Power Purchase Agreement. 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 power systems for energy generation.
Offers systems for storing and managing renewable energy.
Handles upkeep of solar and storage installations for efficiency.
Facilitates long-term contracts for stable green electricity supply.
Funding Insights of Solareff
| 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 Solareff
Solareff has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include STANLIB. 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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Diversified investment management services are offered by STANLIB.
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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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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 Solareff
| 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 - Solareff
| 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 |
Solareff Comparisons
Competitors of Solareff
Solareff 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 groSolar, Sturdee Energy, Wetility, Mulilo and Sun Exchange, 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 |
Solar Distribution and Installation
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Developer of solar energy projects
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| domain | founded_year | HQ Location |
Solar energy projects are developed in South Africa.
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| domain | founded_year | HQ Location |
Solar energy projects are developed by Mulilo in South Africa.
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| domain | founded_year | HQ Location |
Solar power and storage solutions are developed for midsize organizations.
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Wholesaler providing solar panels, inverters, and supplies for renewable energy projects.
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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 Solareff
When was Solareff founded?
Solareff was founded in 2010.
Where is Solareff located?
Solareff is headquartered in Roodepoort, South Africa. It is registered at Roodepoort, Gauteng, South Africa.
What does Solareff do?
Solareff was founded in 2010 and is based in Roodepoort, South Africa. Operations are centered on the renewable energy sector, where solar power projects are developed from inception through execution. Services include site assessment, engineering, and installation for utility-scale and commercial applications. Activities are conducted primarily within the South African market, supporting local energy infrastructure needs.
Who are the top competitors of Solareff?
Solareff's top competitors include groSolar, Wetility and Sturdee Energy.
What products or services does Solareff offer?
Solareff offers Grid-Tied Solar PV, Battery Energy Storage, Operations and Maintenance, and Power Purchase Agreement.
Who are Solareff's investors?
Solareff has 1 investor. Key investors include STANLIB.
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