Company Overview
Snapshot
Founded in January 2012 by Amit Rosner and Idan Ofrat, Yeloha operated with 1-10 employees. The company ceased operations in August 2017.
Business overview
Yeloha developed a solar-sharing platform designed to democratize access to solar energy, enabling individuals to utilize solar power systems regardless of their location or economic status. The company aimed to simplify the adoption of solar energy to help users save money and support local economies, primarily serving residential and commercial customers within the Real Estate & Construction sector, as well as municipalities.
Strategic signal
In May 2016, Yeloha announced its shutdown, citing challenges with limited growth, difficulties in securing project finance, and regulatory instability. This event signals the significant hurdles faced by early-stage peer-to-peer solar models in achieving scalability and financial viability within a complex regulatory and investment landscape.
Log in to access full profile ›Company Intelligence Q&A
- What is Yeloha's current operational status?
- Yeloha ceased to operate in August 2017.
- When was Yeloha founded and by whom?
- Yeloha was founded in January 2012 by co-founders Amit Rosner and Idan Ofrat.
- What was the strategic focus of Yeloha's platform?
- Yeloha developed a peer-to-peer solar-sharing network to provide access to solar energy, aiming to make it simple and attainable for individuals to use solar energy systems to save money and support the local economy.
- What was a key partnership for Yeloha's predecessor, Generaytor?
- In January 2014, Generaytor, the company that later pivoted to Yeloha, partnered with IKEA UK to provide a web-based app for customers interested in solar panels, allowing them to assess potential earnings from solar installations.
- What challenges led to Yeloha's shutdown?
- Yeloha shut down in May 2016 due to limited growth, difficulties in securing project finance, challenges in partnering with established industry players, regulatory instability, and a decline in venture capital investment in the solar sector.