About Spectrum Renewable
Spectrum Renewable is a company based in Amman (Jordan) founded in 2012 by Saif Saleh was acquired by Amarenco in May 2023.. Spectrum Renewable operates in a competitive market with competitors including EJRE, Idhal Solar, Perfect Source For Renewable Energy, Kawkabuna and Nebrass Renewable Energy Company, among others.
- Headquarter Amman, Jordan
- Founders Saif Saleh
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Funding Insights of Spectrum Renewable
| 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 Spectrum Renewable
Spectrum Renewable has secured backing from 1 investor. Prominent investors backing the company include Amarenco. 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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Independent solar power is produced and developed by Amarenco.
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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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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 Spectrum Renewable
| 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 - Spectrum Renewable
| 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 |
Spectrum Renewable Comparisons
Competitors of Spectrum Renewable
Spectrum Renewable 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 EJRE, Idhal Solar, Perfect Source For Renewable Energy, Kawkabuna and Nebrass Renewable Energy Company, 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 |
Renewable Energy developer
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Develops innovative technologies for solar energy power projects.
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| domain | founded_year | HQ Location |
Perfect Source For Renewable Energy produces solar energy solutions.
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| domain | founded_year | HQ Location |
Kawkabuna provides comprehensive solar panel installation services.
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| domain | founded_year | HQ Location |
Serves as a full-service provider for solar energy projects, from planning to implementation.
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| domain | founded_year | HQ Location |
Provides energy auditing services and develops solar and wind 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 Spectrum Renewable
When was Spectrum Renewable founded?
Spectrum Renewable was founded in 2012.
Where is Spectrum Renewable located?
Spectrum Renewable is headquartered in Amman, Jordan.
Who is the current CEO of Spectrum Renewable?
Tarek Arikat is the current CEO of Spectrum Renewable.
What does Spectrum Renewable do?
Spectrum is a subsidiary of Eqbal Group which offers designing, engineering, procurement, commissioning and operation maintenance services for solar PV systems. They have installed a 13MW power plant in Jordan, a 25MW power plant in Egypt, a 3.65MW power plant for the commercial bank of Jordan, and a 1.68MW power plant in Wadhi AL-Esh region etc. They claim to have around 20MW power plants under development and are aiming to increase this number by the end of 2017.
Who are the top competitors of Spectrum Renewable?
Spectrum Renewable's top competitors include EJRE, Idhal Solar and Perfect Source For Renewable Energy.
Who are Spectrum Renewable's investors?
Spectrum Renewable has 1 investor. Key investors include Amarenco.