Solandeo GmbH provides digital intelligent metering and remote-control technology for renewable energy plants, plus AI-based forecasting and forecast management solutions. Founded in 2014 and based in Berlin/Potsdam, the company manages a seven-gigawatt portfolio of decentralized generation capacity, ranging from rooftop PV systems to offshore wind. Its customers include project developers, plant operators, contracting providers, photovoltaic and battery-system providers, 40 distribution grid operators, and leading direct marketers. Solandeo delivers real-time data and forecasts to improve plant operation, grid management, and energy trading. The company plans to develop solutions for the heat and mobility transition and to accelerate diversification across market segments and Europe. Financially, Solandeo secured roughly €7 million in a financing round that builds on earlier investments by EWE AG and existing shareholders. Solandeo offers a platform that enables operators of renewable energy plants to have their energy production traded on the energy exchange. Its solution includes real-time output communication, remote power management, and an interface to energy traders' IT platforms. The company is cooperating nationally with eight leading green electricity traders in Germany and is pursuing additional partnerships. Founded in December 2011 by Friedrich Rojahn and based in Berlin, Solandeo aims to scale its commercial relationships and platform capabilities. The company raised additional funding and intends to use the proceeds to boost further growth. Financial details and operating metrics were not disclosed in the article.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2022