With the upper-case letter increase , ecoligo plans to solidify its market office on the solar project side of its business , as well as found new financial product into the German market . ecoligo also aim to expand its financial merchandise offering to take European country . ecoligo has already developed and install 130 solar system deserving 40 million euro worldwide in emerging commonwealth that it operates within its grouping and that avoid more than 1.7 million tons of CO2 emissions in their wait life .

Martin Baart , founder and CEO of ecoligo GmbH , tell : " We are proud to have won two extra reputed investment funds of our growth chronicle in the spirit of the global energy transition . In the presently difficult food market environment for ordered series ups , this is a monumental achiever . We are also very proud of that existing shareholders , such as EIT InnoEnergy also enter in this round and manifest their stay believe in the party . We and our retail investors have helped many companies to independently cover their DOE pauperism . This motivates both us and our investor . "

Frederic Pfister , Managing Partner of Gaia Impact , says : " We are thrilled to conjoin the ecoligo journey . This decision halt from our abstruse conviction that secret upper-case letter have a crucial function to toy in put up businesses in developing countries with admittance to dependable and decarbonized free energy . Throughout our due program process , we were profoundly impressed by the achievements of the ecoligo team . Their commitment to sustainability and their ability to follow through advanced muscularity solution are remarkable . By fall in ecoligo , we are committed to actively digest their missionary work and accompany them on the continued journey . "

Article image

" We are enthralled to announce our continued support and investment in ecoligo , " says Jan Henrik Kuhlmann , Head of Direct Investments at Triple Jump .

" Their loyalty to providing approachable solar solutions in issue markets for commercial-grade and industrial clients aligns seamlessly with our mission to catalyse the transition towards renewable free energy . We believe that this follow on investiture will further propel ecoligo towards achieve its challenging goals and solidify its location as a drawing card in the renewable energy market . With this late solidify its status as a leader in the renewable vim mart . With this latest investment , ecoligo is poised to expand its reach , speed up task development , and forge fresh partnerships to drive even greater impact in the renewable energy sector . "

For more information : ecoligoecoligo.com

Article image