About Hohm energy Vatican City
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5 FAQs about [Hohm energy Vatican City]
What is Hohm energy?
Steytler and Ohlsen could not be reached for comments. Founded in 2021, Hohm Energy’s flagship product is a solar marketplace that lets customers digitally determine their solar energy requirements and access loans for rooftop solar installation. The platform also enabled solar installers to design, manage, and finance projects.
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.
Will Hohm be profitable by 2024?
Ohlsen told TechCabal in February the company was on track to be profitable by the end of 2024. Hohm rapidly increased its headcount in anticipation of growing demand for solar, said Bas Hochstenbach, managing partner of E4E Africa, one of Hohm’s investors.
Is Hohm still trading?
“We are working with legal counsel to get a better understanding of a way forward, but Hohm is currently not trading,” Franc Gray, CEO of Hohm’s parent company, Spark Energy, told TechCabal. CEO Tim Ohlsen left the company last week, people familiar with the matter said.
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