Czech utility CEZ Group, investment firm Inven Capital and BayWa r.e. Energy Ventures will invest €10 million in Zolar, a German start-up offering digital solutions for rooftop PV.
According to CEZ, Zolar has developed an online tool enabling homeowners to carry out the planning and purchasing of PV systems. The online “configurator” is said to be able to connect potential customers with PV product distributors and installers. A certified installation technician from a network of partner companies linked to the online platform then carries out installation.
“Zolar is planning to focus even greater attention in the future on combinations with other technologies, such as energy management and peer-to-peer energy trading,” said Tomáš Pleskač, director of CEZ’s new energy and distribution division.
Founded in 2016, Zolar says it is a one-stop-shop offering components from various manufacturers. The company says homeowners can check part compatibility and combine them according to their requirements into an offer with a fixed price.
The start-up has already been backed by Heartcore Ventures, Statkraft Ventures and Partech Ventures.
The CEZ Group owns and operates around 120 MW of solar power plant capacity in Czechia and a 5 MW solar park in Bulgaria. All its Czech plants were deployed in 2009 and 2010, when a FIT scheme for large scale solar was in place.
The group also operates in Germany, Hungary, Poland, Romania, Slovakia and Turkey.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.