Felix Krause pitches Milk the Sun
Ecosummit TV: Felix Krause pitches Milk the Sun at ECO13 London. Since their launch at ECO12 Berlin the German startup made a lot of progress in a very short period of time. Milk the Sun rolled out globally their online marketplace for PV systems that matches old investors (sellers) and new investors (buyers) of existing or planned PV assets by creating a so-called secondary market. More than 1 GW in PV projects looking for new investors are listed on the web-based platform. This brings liquidity to a large but intransparent market where feed-in-tariffs and investments are valid for 20 years. In January 2014, Milk the Sun raised a seed round from Gründerfonds Münsterland (managed by Ecapital) and co-investor Howaldt Energies. As Milk the Sun is cash-flow positive since 2013 we expect a lot more interest from European cleantech VCs in their next round.
Read moreJames Johnston pitches Open Utility
Ecosummit TV: James Johnston pitches Open Utility at ECO13 London. The London-based smart green startup was accelerated by Bethnal Green Ventures in 2013 and recently entered Open Data Institute‘s startup programme. Open Utility creates an online marketplace for buying and selling distributed renewable energy. The idea is that energy consumers can buy electricity directly from local energy producers. However, wholesale energy markets were never designed for millions of independent producers. As a first step, Open Utility launched their website to help electricity producers sell their export power by getting quotes for a PPA (Power Purchase Agreement) from utilities. We believe that Open Utility’s vision of a peer-2-peer energy marketplace makes a lot of sense and recommend that you put the startup on your watchlist, too.
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