Hybrid Energy Solutions, based in Kilkenny, Ireland, supplies hybrid renewable energy systems for off-grid power needs. Led by CEO and founder Nick McGrath, the company's solutions combine DC generators, solar panels and wind turbines. Its primary market focus is powering off-grid telecommunications base stations worldwide, and it lists customers including Meteor, Telefonica, O2, British Telecom and Cinergy. The company also positions its systems for automotive, military, oil and gas, residential and marine applications. Hybrid Energy has representative offices in Dublin and Dubai and intends to use the €800K financing to grow internationally. The round consisted of equity funding from the Bank of Ireland Seed and Early Stage Equity Fund (€500K) and the Simple.ie Green BES Fund.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

May 2011