Arysun Raises Funds to Accelerate Solar Adoption in Southeast Asia

Climate-tech startup Arysun has secured US$575,000 in pre-seed funding to accelerate its mission of making solar energy more accessible for middle-income households across Southeast Asia, the company said.

The round was led by Wavemaker Impact with additional participation from the First Move Fund.

The capital will support Arysun’s product development, team expansion, and initial rollout in Indonesia, its primary target market.

Founded by Ng Aik-Phong, Arysun offers affordable, user-friendly solar kits tailored to the needs and budgets of middle-class homeowners.

With energy prices rising and regional power demand projected to double by 2040, the startup aims to close the accessibility gap in residential solar adoption.

“We believe solar should be for everyone — especially if the right-sized solution avoids unnecessary costs,” said Ng, Arysun’s CEO. “Our goal is to deliver 100 million tons in annual carbon abatement through smart, scalable deployment.”

Early adopters in Indonesia report savings of over 50% on electricity bills. With the cost of solar hardware falling and average electricity tariffs at US$0.11/kWh, rooftop solar is becoming a high-value investment for cost-conscious families.

“Arysun is targeting a massive and underserved market,” said Guillem Segarra, Principal at Wavemaker Impact. “Their mass-market solar products offer strong returns and fit a rising demand for affordable energy.”

Southeast Asia’s growing middle class and climate ambitions are fueling solar momentum. ASEAN’s installed solar capacity is expected to jump from 25 GW in 2022 to 200 GW by 2040.

Arysun’s expansion strategy includes building a digital platform and partnering with local financial institutions, installers, and suppliers to scale adoption efficiently.

Business News Asia

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