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The International Solar Alliance (ISA) has now announced the winners of the SolarX Startup Challenge 2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi. Among the enlisted winners, 10 companies are from India.
The SolarX Startup Challenge 2024: APAC saw a strong response, with over 270 solar entrepreneurs and innovators participating from the Asia-Pacific region demonstrating the region’s vibrant solar energy ecosystem. Among the 30 winners of the Challenge, 10 winners are from India, and 20 winners hail from various other countries across the Asia-Pacific region.
Each winner will receive a USD 15,000 cash grant, along with technical assistance through an acceleration program tailored to their specific needs. This initiative, supported by Invest India and other partner organizations, symbolizes ISA’s commitment to providing a transformative platform for entrepreneurial success, innovation, and strategic networking.
This initiative is part of the broader SolarX Startup Challenge series. It is meant to align wit ISA’s aim to foster entrepreneurship, innovation, and solar energy deployment across the Asia-Pacific region.
Building on the success of the Africa edition, which attracted 182 applications from 28 countries and produced 20 winning companies, including seven women-led ventures, the APAC edition had a dedicated segment for India.
The winners will also receive extensive support from ISA, Invest India, and other partner organisations through mentorship programs, investor connections, and market access initiatives. This support will empower them to scale their innovations and make a significant impact on the solar energy landscape across the APAC region. Through entrepreneurship, finance, and increased investments, ISA anticipates a transformative shift in enabling a swift energy transition in the Asia-Pacific.
10 Winners From India Are
1. AgriVijay
It’s a platform that provides all the products of biogas and green energy on a single platform. It provides end-to-end solutions for recommendation, selling, finance, delivery. They aim to understand the energy needs of rural agricultural households.
2. CIBOS
It's a Gujarat-based company that provides heating and cooling solutions to logistics and delivery service providers. They are an energy solution provider to micro-entrepreneurs through solar.
Another Gujarat-based Sustainable technology Innovation company Imagine Powertree Private Limited invents, designs, engineers, and manufactures solar-powered products. It enables vital services and amenities with free and clean electricity to solve customers’ pain points in various market segments like Electric Vehicle Charging (EV Charging), Outdoor Advertising, Energy Security, Utility-scale solar plants Water Purification Technologies, etc.
4. Thermoniks
Thermoniks Energy offers lead acid battery regeneration service. Their technology and process is a sustainable energy storage solution that revitalizes and reuses depleted batteries.
They are an IIT Delhi alumni startup. Greenleaf Robotics are advanced robotic solar panel cleaning solutions provider.
6. Electrikbee
7. SolYield
SolYield empowers solar installers and solar plant owners with a digital platform to maximize their lifetime yield from solar power plant installations. Our platform connects to solar plants without any upfront cost and identify corrective actions for 25+ issues in solar installations to optimize maintenance costs and maximize lifetime returns from solar installations.
8. RGET LABS (Solar inverter manufacturer)
RGET LABS LLP was founded in 2020 in Rajkot, India. They started manufacturing in-house research and developed a solar water pump controller/solar VFD for AC and DC (PMSM and BLDC) motors up to 15 HP with the industry-best performance, quality, and reliability. They integrate the advantages of the latest motor technology and suitable control devices to enhance qualitative performance and energy-saving.
9. Evoride
They build battery part without a battery pack assembly line.
10. Envinovas
enviNova Smartech is a startup with a vision of contributing to a sustainable environment and combating the climate problem. They design and build smart solar hubs. They maximize the use of solar energy in our daily lives as these hubs are used for charging mobile phones, laptops, wifi, and such modern public conveniences