More and more people are investing in building a solar system on their own home.
Dusseldorf The solar start-up Enpal doesn’t have that many customers. Or a lot of sales. It hardly makes any profit either. And yet the five-year-old company is now becoming the first unicorn in the renewables industry. Because some well-known investors believe in the long-term business model that is based on the rental of solar panels.
In the latest financing round, founder Mario Kohlen raised a whopping 250 million euros for his Berlin company. Coal, which also still owns a large part of the shares in his company, has managed to rally prominent financiers. In the current financing round, 150 million euros come from the Japanese investment giant Softbank alone. The Munich venture capitalist HV Capital led the first round of financing of the year with a double-digit million amount.
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