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ClimateTech Hohm Energy secures $8m to scale adoption of rooftop solar across South Africa

Africa Business Communities ....

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Load shedding sees record seed round for solar startup

The Johannesburg-based company raised $8m from venture capitalists. ....

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Hohm to use R153m funding to double down on solar

The local solar marketplace plans to accelerate adoption of rooftop solar by improving access to finance for homeowners and installers. ....

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Hohm Energy to scale adoption of rooftop solar across South Africa, backed by $8M seed

In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a nationwide grid collapse. This situation is similar in most African countries, thereby increasing the demand for solutions provided by clean tech startups across the continent. In the latest development, three-year-old Hohm Energy, which connects homeowners and businesses with accredited solar installers, product suppliers, and embedded solar finance in South Africa, has raised $8 million in seed investment. ....

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Hohm Energy raises $8 million seed to tackle loadshedding in SA

South African solar energy startup Hohm Energy has raised an $8 million seed round to scale its rooftop solar installation product. ....

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