Solar startup Xurya gets US$55mil for global push

Energy shift: A man checks solar panels in Riau Islands. Xurya has installed over 170 solar power systems across Indonesia, which it says has helped avoid 152,000 tonnes of CO2 emissions annually. — The Jakarta Post/ANN

JAKARTA: PT Xurya Daya Indonesia (Xurya), a solar power rental and installation startup, has secured US$55mil worth of new funding, which the company plans to use to fuel the firm’s goal of competing in the international market.

With this additional investment, Xurya had received over US$88mil in total funding, the startup announced on Monday.