Unlike typical solar panel vendors that sell and install solar power systems, Indonesian startup Xurya offers solar power to corporate clients as Hardware-as-a-Service (HaaS) via a leasing model. No down payment is needed, allowing companies to install solar panels with no upfront costs.Since its launch in 2018, Xurya has delivered 20 projects with a multi-megawatt power generation portfolio. It has also added some prominent names to its client list, including unicorns Tokopedia and Traveloka, logistics giant MGM Bosco and a Jakarta shopping mall, Plaza Indonesia. According to Xurya’s Dir...
Xurya solar panels installed at the top of the Plaza Indonesia building, Jakarta. ©Xurya
Targeting corporate customers without need for any upfront payment, two-year-old Xurya has already attracted major clients, and investment from Clime Capital’s impact investment fund SEACEF
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