(L-R) Suryanesia’s Co-Founders Grant Adsit, Rheza Adhihusada, and Nikesh Shamdasani
Indonesian clean energy company Suryanesia has announced closing its US$2 million seed round of financing led by Intudo Ventures.
Several angel investors also participated, including executives from leading management consulting companies, private equity firms and sovereign wealth funds.
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The company plans to use the capital to grow its team to accelerate marketing efforts and project delivery. It will also expand into residential solar and independent power production (wind power, battery storage, etc.) in the future.
Founded in August 2021 by Rheza Adhihusada (CEO), Nikesh Shamdasani (Head of Engineering), and Grant Adsit (Head of Business Development), Suryanesia provides commercial and industrial clients access to renewable energy. With its solar-as-a-service solution, Suryanesia finances, installs, operates, and maintains solar power systems on its clients’ rooftops. The clean energy generated helps clients save on electricity bills and reduce their carbon footprint.
Its team performs rigorous structural analyses and provides strengthening recommendations to ensure client buildings are safe for solar panel installation.
Suryanesia claims it helps clients — mall owners and manufacturers in the FMCG, textile, pharma, plastics, industrial goods, and furniture sectors — save between US$20,000 and US$50,000 annually.
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“Our mission is to empower consumers, businesses and governments to harness new technologies and solutions that solve climate change,” said CEO Adhihusada. “As the world’s 4th most populous country projected to be the 4th largest economy by 2050, Indonesia acts as a key battleground in the fight against climate change.”
“Over the next decade, Indonesia will be a driving force for decarbonization. Suryanesia’s solar-as-a-service offerings help commercial and industrial stakeholders reduce their carbon footprint while improving profitability,” Patrick Yip, Founding Partner, Intudo Ventures.
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