InvestorQ : Why has there been so much VC interest in start-up Freyr Energy?
Katherine Gonsalves made post

Why has there been so much VC interest in start-up Freyr Energy?

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rhea Babu answered.
2 weeks ago
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In the last few months, most alternate energy start-ups have attracted a lot of VC interest. One such name is Freyr Energy, which is a solar rooftop company. It got Rs.18 crore from TCNV, Schneider Electric Energy Access Asia and C4D Partners. The model of Freyr is to apply sophisticated technology to change how homeowners and MSMEs transition to solar.

TCNV is the venture capital arm of Total of France. It has invested considering the huge potential in India. Currently, India has rooftop solar capacity of just 5 GW against the total installed capacity of 40 GW solar.
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