Draft:Helios (company)
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Submission declined on 4 November 2024 by DoubleGrazing (talk).
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This draft has been resubmitted and is currently awaiting re-review. |
Submission declined on 24 October 2024 by MarcGarver (talk). This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are: Declined by MarcGarver 48 days ago.
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- Comment: Primary sources do not establish notability per WP:NCORP. DoubleGrazing (talk) 07:25, 4 November 2024 (UTC)
- Comment: The citations are fairly trivial mentions. It is a brand new company with "plans" but little evidence of notability at the moment. I strongly suspect it is too soon for a Wikipedia article, but it is worth you trying to find some better citations (e.g., mainstream respected media discussing the company in depth, not press releases and trivial stuff). MarcGarver (talk) 07:37, 24 October 2024 (UTC)
Company type | Private |
---|---|
Industry | Climate Tech, FinTech |
Founded | 2023 |
Founders | Hsin Yao Cheng, Alexander Aronson |
Products | Solar Mortgage |
Services | Solar financing, Solar consultancy |
Helios
[edit]Helios is a climate technology company headquartered in Southeast Asia, established in 2023. The company provides solar energy financing solutions aimed at facilitating the adoption of solar photovoltaic (PV) systems for residential use.
History
[edit]Helios was founded as part of the Wavemaker Impact initiative, a venture builder focused on climate technology solutions in Southeast Asia. Wavemaker Impact aims to address regional climate challenges by supporting startups that create scalable solutions. Helios's mission is to reduce financial barriers to solar energy adoption by offering financing options that integrate the cost of solar installations into housing loans.[1]
Solar Mortgage Program
[edit]In 2023, Helios introduced Asia's first solar mortgage program in collaboration with the Bank of the Philippine Islands (BPI). This initiative enables homeowners to finance solar panel installations through their mortgage plans, with loan amounts ranging from ₱400,000 to ₱10 million. The program is designed to reduce the upfront costs typically associated with solar installations.
In 2024, Helios expanded its efforts by partnering with Security Bank to offer similar solar financing solutions, furthering its goal to make clean energy more accessible across the region.[2][3][4][5]
Partnerships
[edit]Helios collaborates with financial institutions such as BPI and Security Bank to integrate solar financing into home loan products. These partnerships aim to simplify the adoption of solar energy for homeowners.
Additionally, Helios works with certified solar installers, including Solaric, Buskowitz, and SolarNRG, to ensure proper installation processes. Solar panels used in these projects are sourced from manufacturers like LONGi Green Energy Technology Co. Ltd. Most installations come with a 25-year warranty, providing reliability and longevity for homeowners.
Funding
[edit]Helios has received funding from Wavemaker Impact, a Singapore-based venture capital firm focused on climate technology in Southeast Asia. This funding supports Helios's objective to increase solar energy adoption in the region by providing accessible financing solutions to homeowners.[6][7][8]
References
[edit]- ^ "How Venture Builder Wavemaker Impact is Unlocking the Potential of Climate Tech in Southeast Asia", Singapore Economic Development Board.
- ^ "Filipino Innovation: Solar Mortgage Launches in Asia", The Philippine Business News, February 16, 2024.
- ^ "Asia’s 1st Solar Mortgage Program: Switching to Solar Made Easy", Malaya Business Insight, February 2024.
- ^ "Helios Launches Asia’s First Solar Mortgage Program for Homeowners", Manila Standard, February 2024.
- ^ "Asian Fintech Firm & BPI Offer Premiere Solar Home Mortgage", Manila Bulletin, February 7, 2024.
- ^ "Wavemaker Impact's Climate Commitment", Wavemaker VC.
- ^ "Investment from Wavemaker Impact", Climate Tech Investor.
- ^ "How Venture Builder Wavemaker Impact is Unlocking the Potential of Climate Tech in Southeast Asia", Singapore Economic Development Board.
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