Unisun Energy Group, a Shanghai, China-based provider of industrial and commercial intelligent green power services, raised an undisclosed amount in Series C funding.
The round was led by Cathay Capital and Source Code Capital.The company intends to use the funds for developing and constructing power plants, R&D and manufacturing of integrated energy storage systems, and upgrades to intelligent operation and maintenance for Unisun Energy Group. In addition to financial liquidity, the equity participation from Cathay and Source Code will provide the company with potential support in areas such as access to industrial resources and digital innovation.Led by He Yisha, Chairman, Unisun Energy is a provider of industrial and commercial intelligent green power services. A decade ago, the company started creating a comprehensive energy service system encompassing development, investment, construction, energy storage, and operation and maintenance for industrial and commercial energy application scenarios. Consequently, Unisun Energy has emerged as one of China’s leading private companies with the most comprehensive business network, substantial asset operation scale, and strong technological innovation capabilities in the industrial and commercial distributed energy industry.11/08/2023
