Beijing New Energy Service Provider Sinosoar Raised ￥40 Million in a Series A Round Funding

Beijing new energy service provider Sinosoar raised ￥40 million in a series A round funding made by Glory Capital Management and China Science Group. The investment will be used to accelerate business launch, and enhance R&D.

Established in 2015, Sinosoar focuses on overseas solar market with a focus on photovoltaic microgrid and off grid businesses. It provides comprehensive electric service to regions with high power bill, regions with unstable power supply, and blackout regions. Its business covers countries and regions in Southeast Asia, Africa, and Central America.