Entrepreneur News Network

India’s Factories Pay ₹35 Per Unit for Diesel Power. VoltSeal Just Raised Pre-Seed Funding to End That.

Voltseal

Every time a factory in India flips on a diesel generator, it pays between ₹25 and ₹35 per unit of electricity. Grid power, by comparison, costs ₹6 to ₹9 per unit. Stored solar energy even less. That gap — between what India’s commercial and industrial sector pays for backup power and what it should pay … Read more

Stride Raises $15 Million to Expand Rooftop Solar Financing and Clean Energy Access Across Southeast Asia

Stride

Vietnam-based solar energy startup Stride has raised US$15 million in a Series B funding round as demand for decentralized clean energy and rooftop solar financing continues to grow across Southeast Asia. The funding round was jointly led by Lightrock and TRIREC through the Accelerate7 platform. Existing investors Clime Capital and UOB Venture Management also participated … Read more