SolarHome
SolarHome is a Singapore-based Pay-As-You-Go solar provider founded in 2016, supplying off-grid solar home systems to unelectrified households across Southeast Asia under installment-based financing.
- Company typePrivate
- Founded2016
- HeadquartersSingapore, Singapore
- Headcount251–500
- GTM typeB2C
- OfferingHardware or Manufacturing
What SolarHome does
SolarHome is a Singapore-headquartered, private for-profit company founded in 2016 that is positioned as a pioneer in Pay-As-You-Go (PAYG) Solar for off-grid households in Southeast Asia. The company's functional offering is distributed solar home systems and battery products sold to energy-poor, unelectrified households under installment-based financing — a model that targets residential customers in markets underserved by centralized grid infrastructure. No proprietary technology architecture, product modules, or platform components are described in the available sources, and the company's own website (solar-home.asia) is offline.
The business model combines hardware sales with PAYG consumer finance: customers receive off-grid solar hardware and pay for it in small, periodic installments over time. The company employs 251–500 people (per stated headcount band), a footprint consistent with field-agent-driven last-mile distribution across multiple Southeast Asian markets, though specific operating geographies beyond "Southeast Asia" are not disclosed. No pricing, contract terms, customer counts, or unit economics are publicly available.
From a capital and corporate history standpoint, SolarHome has raised approximately $18.4 million across nine disclosed rounds from 2016 through December 2020, with investors including FORUM, BEENEXT, Uberis Capital, Kiva, Insitor Partners, TRIREC, Anthem Asia, Crowd Credit, and TRINE. The leadership team comprises CEO Ted Martynov, Chairman Greg Krasnov, CTO Alex Kachmala, and President & COO Geert-Jan ten Hoonte. No product launches, partnerships, M&A, or operational milestones beyond funding events are documented in the source material, and the company is not named among leading off-grid solar players (d.light, M-KOPA, BBOXX, Greenlight Planet) in the most recent market research referenced.
SolarHome firmographics
Firmographics- Name
- SolarHome
- Legal name
- SolarHome
- Website
- https://solar-home.asia
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- SolarHome is a Singapore-based Pay-As-You-Go solar provider founded in 2016, supplying off-grid solar home systems to unelectrified households across Southeast Asia under installment-based financing.
- Ownership category
- akta.pro rank
SolarHome industry classification
Industry- Product category
- Off-Grid Solar Energy / Pay-As-You-Go Solar
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
- akta.pro secondary industries
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
Keywords
Where SolarHome is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
SolarHome business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Off-grid solar solutions sales: Revenue model for SolarHome is not described in the provided sources. The off-grid solar market in which it operates generated USD 2.74 billion in 2024 and is projected to reach USD 8.359 billion by 2035 at a 10.67% CAGR.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Pricing information not disclosed for SolarHome in the provided sources. |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
SolarHome product offering
Product offeringCore offering
SolarHome is the pioneer in Pay-As-You-Go (PAYG) solar for off-grid households in Southeast Asia. The company sells distributed solar home systems (panels, batteries, lighting/phone-charging appliances) to households without grid access, financed via small installment payments collected over time rather than a single upfront purchase. Revenue is generated through the ongoing PAYG/lease-to-own payment stream plus eventual ownership transfer to the customer.
Product overview
Based on the limited information available in the provided sources, SolarHome operates within the off-grid solar market. The company's own website (solar-home.asia) returned a 404 error and was not accessible, so no first-party product or technology information could be confirmed directly from SolarHome. The only available source (a market research news article) describes SolarHome within the broader off-grid solar market context, which is characterized by pay-as-you-go and lease-to-own solar home systems, battery products, and financing models targeted at energy-poor, off-grid households in emerging markets. Key market players cited include d.light, M-KOPA, BBOXX, and Greenlight Planet, but the article does not single out specific SolarHome products, modules, or platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Pay-As-You-Go (PAYG) Solar Home Systems Modular off-grid solar home systems (solar panels, batteries, lighting, and phone-charging accessories) sold to energy-poor households in Southeast Asia under a Pay-As-You-Go financing model, where customers make small recurring mobile-money payments until they own the hardware.
Quantifiable outcome
- Off-Grid Solar Market valued at USD 2.74 billion in 2024, projected to reach USD 8.359 billion by 2035 (industry-level, not SolarHome-specific)
Companies that use SolarHome
Customer profileSegments1 record
Ideal customer profiles1 record
SolarHome technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
SolarHome partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered industry competitor cited; relationship to solarhome is not explicitly stated.
- d.lightindustry competitor cited; relationship to solarhome is not explicitly statedd.light is mentioned as a key company in the off-grid solar market, employing strategies including strategic partnerships, technology integration, and localized manufacturing. Listed alongside M-KOPA, BBOXX, and Greenlight Planet as a market participant.
- M-KOPAindustry competitor cited; relationship to solarhome is not explicitly statedM-KOPA is mentioned as a key company in the off-grid solar market, employing strategies including strategic partnerships, technology integration, and localized manufacturing. Listed alongside d.light, BBOXX, and Greenlight Planet as a market participant.
- BBOXXindustry competitor cited; relationship to solarhome is not explicitly statedBBOXX is mentioned as a key company in the off-grid solar market, employing strategies including strategic partnerships, technology integration, and localized manufacturing. Listed alongside d.light, M-KOPA, and Greenlight Planet as a market participant.
- Greenlight Planetindustry competitor cited; relationship to solarhome is not explicitly statedGreenlight Planet is mentioned as a key company in the off-grid solar market, employing strategies including strategic partnerships, technology integration, and localized manufacturing. Listed alongside d.light, M-KOPA, and BBOXX as a market participant.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
SolarHome competitors and assessment
Company assessmentDirect peers
- M-KOPA: Kenya-headquartered pioneer and global leader in PAYG solar for off-grid households across Africa and emerging Asia. Closely comparable to SolarHome on PAYG model, off-grid solar product, and emerging-market customer base, with materially deeper capital and geographic reach.
- d.light: Global PAYG and off-grid solar provider serving households across Africa and Asia. Directly comparable to SolarHome on product category (off-grid solar home systems), PAYG financing, and target customer segment.
- BBOXX: UK-headquartered PAYG solar and energy services company operating across Africa and Asia. Directly comparable business model, financing approach, and customer segment as SolarHome.
- Zola Electric: Off-grid and weak-grid solar provider operating across sub-Saharan Africa with PAYG-style financing. Comparable to SolarHome in off-grid distributed solar product and PAYG-style commercial model.
- Fenix International (an ENGIE company): PAYGo solar home system provider (now part of ENGIE) serving off-grid customers in Uganda and surrounding markets. Directly comparable PAYG product, customer, and Africa-focused emerging-market model to SolarHome.
- Greenlight Planet (Sun King): Pay-as-you-go solar provider serving off- and weak-grid households across Africa and Asia. Directly comparable to SolarHome in PAYG distribution model, off-grid solar product, and target customer base.
- Off Grid Electric (now Zola Electric): Solar leasing and PAYG provider serving off-grid households in Africa with prepaid solar home systems. Comparable product offering, financing model, and underserved customer base as SolarHome.
Broad incumbents
- ENGIE Energy Access: Off-grid energy and PAYG division of global utility ENGIE, with operations across Africa. Operates in the same off-grid PAYG solar category as SolarHome but with materially broader capital, geographic scope, and product portfolio.
Emerging players
- Sistema.bio: Mexican/African biogas and clean energy provider using PAYG and financing for smallholder and rural customers. Adjacent PAYG distribution model and emerging-market energy-access customer base, though the underlying technology (biogas digesters) is distinct from SolarHome's solar focus.
- SolarArise: Indian distributed solar provider serving rural and small commercial customers with modular solar systems. Partial overlap with SolarHome's distributed-solar and emerging-market energy-access themes, though primarily commercial/industrial rather than PAYG household.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
SolarHome social profiles
Digital presenceSolarHome financial estimates
Financial estimateRevenue estimate
Valuation estimate
SolarHome leadership team
Management profileNumber of profiles
Profiles4 records
SolarHome funding detail
Funding detailFunding overview
Funding rounds9 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SolarHome M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SolarHome
What does SolarHome do?
SolarHome is the pioneer in Pay-As-You-Go (PAYG) solar for off-grid households in Southeast Asia. The company sells distributed solar home systems (panels, batteries, lighting/phone-charging appliances) to households without grid access, financed via small installment payments collected over time rather than a single upfront purchase. Revenue is generated through the ongoing PAYG/lease-to-own payment stream plus eventual ownership transfer to the customer.
Is SolarHome a public or private company?
SolarHome is a private company. It is classified as venture growth investor backed and is currently operating.
When was SolarHome founded?
SolarHome was founded in 2016. It employs 251 to 500 people.
Where is SolarHome based?
SolarHome is headquartered in Singapore, Singapore, in the Asia region.
How does SolarHome make money?
One revenue line is on record: off-grid solar solutions sales.
Who are SolarHome's main competitors?
Direct peers on record are M-KOPA, d.light, BBOXX, Zola Electric, Fenix International (an ENGIE company), Greenlight Planet (Sun King) and Off Grid Electric (now Zola Electric). ENGIE Energy Access is listed as a broad incumbent. Emerging players are Sistema.bio and SolarArise.
Does SolarHome have an API?
No public API is recorded for SolarHome.
What industry is SolarHome in?
SolarHome's product category is Off-Grid Solar Energy / Pay-As-You-Go Solar. Its primary akta.pro industry code is EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization), with a secondary code of EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 4991.