Xurya
An Indonesian renewable energy startup pioneering the zero-down method of switching to solar, for brighter and cleaner future of Indonesia.
| Date | Investors | Amount | Round |
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| - | investor | €0.0 | round |
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| N/A | €0.0 | round | |
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* | $21.0m | Debt | |
| Total Funding | 000k | ||
Xurya is a renewable energy company founded in 2018, specializing in solar energy solutions for the commercial and industrial sectors in Indonesia. The company operates on a Power Purchase Agreement (PPA) or solar lease model, offering a zero-down-payment method for rooftop solar panel installations. This approach removes the barrier of high upfront capital investment for businesses looking to transition to renewable energy.
The company provides a comprehensive, turnkey service that includes system design, installation, operational management, and maintenance of the solar power infrastructure. By taking on the financial and operational responsibilities, Xurya enables its clients to benefit from solar energy at a predictable cost, often lower than traditional electricity sources. The business generates revenue by selling the solar energy produced to its clients over a long-term contract.
Since its inception, Xurya has established a significant presence across Indonesia, serving a diverse portfolio of both local and multinational companies. The company's model directly addresses the growing demand for sustainable energy solutions in the region's expanding industrial landscape.
Keywords: Rooftop solar, solar leasing, Power Purchase Agreement (PPA), commercial solar, industrial solar, renewable energy, Indonesia, clean energy, solar financing, turnkey solar