Zolar raises 100 million euros

The Berlin-based start-up wants to supply ten million households with solar energy by 2030. The new round of financing could help with this.

Solar start-up Zolar has received 100 million euros in a current round of financing, as reported by news agency DPA . The startup plans to use the new capital to expand its in-house app with an energy management system that will be able to take dynamic electricity tariffs into account. This system will, for example, recognize when the cheapest time is to charge an e-car and then automatically start the charging process. Zolar also wants to expand its cooperation with installation companies and train craftsmen.

Alex Melzer and Gregor Loukidis founded the start-up in 2016. The founders have developed an online configurator that homeowners can use to plan, configure and purchase their PV system online and at a fixed price. In the process, customers are also to receive personal advice. The modules used come from Germany, but also from South Korea or China. Local craftsmen take care of the installation of the systems. Zolar has also been offering solar systems for rent since July 2021.