Cash pours in to rooftop solar
The growth of European rooftop solar continues this year, with innovative companies raising capital to develop the market. It’s an encouraging trend with the potential to accelerate rooftop solar adoption. pv magazine correspondent Valerie Thompson takes a closer look.
Rable, a Dutch developer of pre-mounted PV arrays for flat rooftops, raised €2.5 million ($2.72 million) in May from Amsterdam-based venture capital (VC) fund Rubio Impact Ventures and Energietransitiefonds, a Rotterdam regional public fund.That followed the €28.5 million of growth capital raised by Sweden’s Sunroof. The largest first-quarter investment was the €215 million of Series …
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