What is Cleantech Solar?
Headquartered in Singapore, Cleantech Solar operates as a regional player known for its responsiveness and agility in the renewable energy sector. The company specializes in developing, constructing, and operating solar power plants, with a significant presence in India and various Southeast Asian nations including Cambodia, Malaysia, Thailand, the Philippines, Vietnam, and Singapore. Cleantech Solar's expertise spans the entire project lifecycle, from initial development to ongoing operations, providing tailored renewable energy solutions to corporate clients seeking to decarbonize their operations.
How much funding has Cleantech Solar raised?
Cleantech Solar has raised a total of $327.4M across 3 funding rounds:
Corporate Investment
$150M
Debt
$75M
Debt
$102.4M
Corporate Investment (2021): $150M with participation from Keppel Corporation
Debt (2024): $75M led by Tata Capital
Debt (2024): $102.4M supported by Aseem Infrastructure Finance
Key Investors in Cleantech Solar
Aseem Infrastructure Finance
Aseem Infrastructure Finance Limited is an RBI-registered Non-Banking Finance Company focused on infrastructure financing, particularly in green energy, positioning them as a key partner for sustainable projects.
Keppel Corporation
Keppel Corporation is a Singaporean multinational company providing solutions for sustainable urbanisation, with a focus on Energy & Environment, making them a strategic investor in renewable energy ventures.
Tata Capital
Tata Capital Limited, the financial services arm of the Tata Group, offers diverse financial solutions and is a significant player in corporate financing, aligning with Cleantech Solar's enterprise-level funding needs.
What's next for Cleantech Solar?
The recent major strategic investment positions Cleantech Solar for accelerated growth and expansion within the dynamic Asian renewable energy market. This influx of capital is expected to bolster the company's project pipeline, enhance its operational capabilities, and potentially facilitate entry into new markets or the scaling of existing operations. As corporate demand for sustainable energy solutions continues to rise, Cleantech Solar is strategically poised to leverage this financing to solidify its leadership position and drive further innovation in the solar energy sector.
See full Cleantech Solar company page
