SkyX Solar

SkyX Solar

A solar rooftop power developer focused on the C&I segment- its owned by VinaCapital and EDF Renewables. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€364—545m (Dealroom.co estimates Oct 2021.)
Saint-Laurent-du-Maroni French-Guiana (HQ)
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DateInvestorsAmountRound
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$100m

Late VC
Total Funding€90.9m

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SkyX Solar is a startup that provides comprehensive rooftop solar solutions. The company serves customers who are looking to meet their energy needs sustainably. SkyX Solar operates in the renewable energy market, specifically in the solar sector.

The company's business model is unique in that it uses its own balance sheet to invest in projects, allowing for quick deployment. This means that customers do not need to worry about capital expenditure (capex) or operational expenditure (opex) as SkyX Solar takes care of all the financial aspects.

SkyX Solar also handles all the necessary licenses and permits, ensuring full compliance with local regulations. The company offers a turn-key project delivery, which includes procurement, installation, and grid connection. They use top-tier components and vendors to ensure high-quality solutions.

The company also takes on the performance risk, providing active monitoring, risk assessments, and both preventive and reactive maintenance. They use modern technology to monitor and operate solar assets.

SkyX Solar has over 100 MWp of projects under operation or development. They offer multiple solutions to help customers achieve 100% renewable energy in their electricity consumption. These solutions include ownership of Energy Attribute Certificates (EACs), Direct Power Purchase Agreement scheme (DPPA), and Battery Energy Storage System (BESS) technology.

The company prides itself on its attractive commercial offer, which includes top-quality system components, world-class design, smooth and effective installation, safety, quality, international insurance provider, and a comprehensive operation and maintenance program.

Keywords: Rooftop Solar Solutions, Renewable Energy, Turn-Key Project Delivery, Performance Risk Management, Energy Attribute Certificates, Direct Power Purchase Agreement, Battery Energy Storage System, High-Quality Components, Comprehensive Operation & Maintenance, Zero Capex and Opex.