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Roofit.Solar successfully raises €6.45 million to boost integrated solar roofs
Solar inverters explained
A solar inverter is one of the most important elements of a solar system. As solar panels produce direct current (DC) electricity that cannot be consumed by homes, an inverter comes into play. It converts DC electricity into alternating current (AC), the electricity that can be fed into your home to operate your appliances.
Everything you need to know about solar batteries
Solar batteries store surplus energy generated by solar panels. They can be used to power your house on cloudy, rainy days or after the sun goes down. Using electricity from a battery can be cheaper per kilowatt-hour than using electricity from the grid – depending on the time of day.
Roofit.Solar closes Series A investment round at €6.4M led by BayWa r.e. Energy Ventures
The lead investor for the round is BayWa r.e. AG, a group of 20,000 employees operating in more than 50 countries. The investment round was supported by EdgeCap Partners, and Estonian entrepreneurs Taavet Hinrikus and Sten Tamkivi.