SolarMente has secured a massive €50 million commitment from GNE Finance, a prominent investment company in the renewable energy market. This strategic agreement marks a historic milestone in the Spanish energy sector as no other startup has ever received such a significant amount.
Leveraging this investment, SolarMente is now poised to implement an ambitious plan of installing 10,000 state-of-the-art solar systems in homes situated across Barcelona, Madrid, Valencia, and Alicante over the next four years. The company's cutting-edge solar energy subscription model allows customers to experience the numerous benefits of solar power, both in terms of environmental sustainability and cost-effectiveness, without any upfront capital expenditure.
Wouter Draijer, CEO and co-founder of Solarmente, says: "This agreement will allow us to move forward with our goal of making Spain a world leader in the use of clean energy, and help our customers meet sustainable development."
Davide Cannarozzi, founder and CEO of GNE Finance, emphasized that "the energy transition is the most important economic opportunity of the 21st century, and our mission is to support companies and projects like Solarmente, which exponentially accelerate this leap towards a zero emission economy and a more sustainable world for future generations".
With a comprehensive panel solution and blockchain technology to distribute solar energy, SolarMente has experienced a 400% growth in sales over the last year, resulting in more than 500 tons of CO2 emissions saved. This investment makes SolarMente the first startup in the energy sector to secure such a significant amount of funding.
SolarMente's commitment to making solar energy accessible and affordable to everyone is in line with GNE Finance's goal to invest in projects that generate social, economic, and environmental benefits. The investment company advises companies and institutions on financing applied to the energy transition and has worked with the European Commission, the European Investment Bank, and the World Bank.
SolarMente's mission to create a more sustainable world aligns with the growing trend of companies working towards environmental goals. Their innovative solar energy subscription model sets a standard for the industry, and this investment from GNE Finance will undoubtedly help them achieve their ambitious goals.
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