Ryse Energy raises $15mln in growth capital round led by RWE Energy Transition Investments

Ryse Energy raises $15mln in growth capital round led by RWE Energy Transition Investments

ABU DHABI,UAE/PRNewswire/ -- Ryse Energy, a global leader in decentralized renewable energy systems having sold or installed more than 4,000 units for clients worldwide, announces it has raised a $15 million growth funding round.

The round was led by RWE Energy Transition Investments, an investment vehicle of RWE Supply & Trading GmbH, the energy trading arm of the global renewable energy company RWE. The investment will enable Ryse Energy to accelerate its international growth and enter untapped markets, expand its technology offerings, and continue to diversify its business model into energy-as-a-service.

Ryse Energy is a primary manufacturer of high-performance small wind turbine technologies and provides a range of additional renewable energy systems, including solar and energy storage. The company has manufacturing facilities in the UK and Spain, with sales offices across the globe including the USA, Europe, the UAE and India.

Ryse Energy's renewable systems can be used as standalone technologies, grid-connected or off-grid with energy storage, or hybridized to create bespoke and reliable hybrid renewable solutions. The company works across a variety of sectors, from decarbonizing critical infrastructure such as telecoms and oil & gas networks, to marine and agriculture applications, to community power for rural electrification.

"RWE is one of the largest