SolarEdge to Invest in German Software Start-Up Aiming to Decarbonize the Multi-Dwelling Sector
Summary
By pairing SolarEdge’s proven solar and smart energy portfolio with the AMPEERS platform, this partnership is designed to combine technology, software and services to create a new all-inclusive photovoltaic tenant electricity solution. The inherent benefits of SolarEdge’s advanced solar technology such as built-in safety features, maximized energy yield, design flexibility and reduced operational and maintenance costs play a key role for multi-dwelling buildings that typically have limited roof space and access. SolarEdge’s investment and partnering with AMPEERS is a strategic step that aims to capitalize on legislative changes1 in tenant electricity models in Germany, and can provide a new avenue to address the multi-dwelling market across Europe. This comprehensive package streamlines the process for housing companies to swiftly and cost-effectively adopt a climate-positive energy supply.” The investment is subject to certain customary closing conditions and regulatory approvals and is expected to be finalized during the first half of 2024. With its software-as-a-service platform, AMPEERS ENERGY efficiently oversee the entire decarbonization process, from emissions analysis to identifying necessary modernization measures, system installation, and ongoing technical and economic management.