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Zolar closes €100m Series C led by EIP and GIC

Zolar, Germany’s leading digital solar platform, has raised €100 million in a Series C round led by the US-investor Energy Impact Partners (EIP) and GIC, Singapore’s sovereign wealth fund.

Existing investors including Inven Capital, Heartcore Capital, Statkraft Ventures and Pirate Impact Capital also participated in the round. 
With the investment zolar will roll out new digital energy products. Among others the company’s app will be expanded to include an energy management system and a dynamic electricity tariff. The app will intelligently control the solar power supply of homeowners while maximising their energy independence and cost savings. For example, the app will recognise the best time to charge an e-car and start the charging process automatically.

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