Exclusive: Hohm Energy in financial distress months after $8m raise
Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to cash flow problems and an inability to service existing debts. The company has entered business rescue, a process that helps financially distressed companies get help, and has laid off an undisclosed number of
South African startup Hohm Energy begins liquidation
Hohm Energy, a South African climate startup, has reportedly filed for voluntary liquidation with the Companies and Intellectual Property Commission (CIPC), an agency of the Department of Trade, Industry, and
Hohm Energy
Hohm Energy is an online marketplace that connects customers with accredited solar providers, product suppliers, and financiers. It provides clients with an evolving solar purchasing experience by utilizing scalable technology that manages their entire solar transition journey from scoping for the solution, installation, ongoing operations, and
South African Climate Startup Hohm Energy Files for Voluntary
South African climate-tech startup Hohm Energy has filed for voluntary liquidation with the Companies and Intellectual Property Commission (CIPC). This comes after the company ceased operations in August 2024 due to financial difficulties, including struggles to manage existing debts.
Hohm Energy
Hohm Energy specializes in providing solar energy solutions and backup power kits for the renewable energy sector. The company offers a range of services including solar panel installation, financing options for solar systems, and subscription-based solar power, as well as maintenance and advisory services for homeowners and businesses looking
South African startup Hohm Energy begins liquidation after
Hohm Energy, a South African climate startup, has reportedly filed for voluntary liquidation with the Companies and Intellectual Property Commission (CIPC), an agency of the Department of Trade, Industry, and Competition in South Africa.
Exclusive: Hohm Energy in financial distress months
Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to cash flow problems and an inability to service existing debts. The company has entered
6 FAQs about [Hohm energy Malta]
What happened to Hohm energy?
Solar company Hohm Energy has entered into voluntary liquidation with the Companies and Intellectual Property Commission (CIPC). The company informed creditors of the move this week. At the end of July 2024, it entered into a business rescue due to cash flow challenges and its inability to service existing debts.
Why is Hohm energy not operating?
Hohm Energy, the South African solar company that announced a $8 million seed round in February, is currently not operational due to cash flow problems and an inability to service existing debts.
Who is Hohm Energy's parent company?
*Editor’s note: An earlier version of this article referred to Hohm’s parent company as Spark Energy Services. It has now been corrected to Spark Energy. South African solar energy Hohm Energy is in business rescue five months after announcing a $5 million seed round.
Who is Hohm energy?
Visit Hohm Energy | 4,571 followers on LinkedIn. We help end-consumers to go solar with accredited solar installers, product suppliers and embedded solar finance. | Hohm helps homeowners and businesses to go solar with accredited solar installers, product suppliers and embedded solar finance in just a few clicks.
Will Hohm energy liquidate CIPC?
Hohm Energy, a South African climate startup, has reportedly filed for voluntary liquidation with the Companies and Intellectual Property Commission (CIPC), an agency of the Department of Trade, Industry, and Competition in South Africa.
Did Hohm energy enter business rescue?
A shroud of uncertainty hangs over the Hohm Energy saga. The company filed for voluntary liquidation after allegedly entering business rescue in late July 2024. However, two former Hohm Energy employees who provided information on the condition of anonymity have told MyBroadband that the renewable energy company never entered business rescue.