Climate-KIC start-up Solease receives €100k boost from Utrecht Energy Fund

The newly set up Utrecht Energy Fund will support Climate-KIC start-up Solease with a loan of €100.000, the Dutch organisation announced yesterday (25 November).

With the new funding, CEO Pierre Vermeulen hopes “to provide the first fifty customers in Utrecht with renewable energy.”

Solease, winner of the Dutch edition of the Climate-KIC Venture Competition in 2012 and one of the competitors at the Climate-KIC Innovation Festival in Bologna, is one of the fastest growing Dutch Climate-KIC start-ups. Solease offers solar panels for a fixed monthly fee.

Within its lease model, Solease purchases the solar system, has it installed and takes care of maintenance, repairs and insurance.

Customers

Among Solease’s customers are Climate-KIC partner Utrecht University, UMC Utrecht and Van Benthem & Keulen Lawyers.

Thanks to Solease, their employees are now able to rent solar panels including full customer service. Vermeulen: “By doing so, they can save up to 10 % on their energy bills, while reducing CO2 emission by two tons a year, the equivalent of driving 15.000 kilometer a year.”

Utrecht Energy Fund

The Utrecht Energy Fund, initiated by the City of Utrecht to support local enterprises that want to invest in energy reduction and in producing renewable energy, was launched on 25 November in Utrecht.

The Fund has a sum of €6 million available to finance local, sustainable projects that are too big for SME support and yet too small for bank funding. Solease, along with LomboxNet and MKB Energie Financiering, is one of the first companies to be financed by the Utrecht Energy Fund.

Click here for a news article in the Dutch press.

 
Location
Articles you may be interested in
In The News
EIT Climate-KIC supported Ÿnsect raises €110 million, becoming global leade...

Ÿnsect announced yesterday that it has raised €110 million...

EIT Climate-KIC supported Ÿnsect raises €110 million, becoming global leader in alternative protein
Opinion
Policy: The circular designer’s secret weapon
Joe Iles & Simon Widmer Circulate News & The Circular Design Guide
Policy: The circular designer’s secret weapon
In The News
EIT Climate-KIC supported Climetrics announces top ten European equity funds f...

Climetrics, the world’s first and only independent climate rating...

EIT Climate-KIC supported Climetrics announces top ten European equity funds for climate performance
In The News
EIT Climate-KIC supported WINnERS secures over €1.5 million in funding

WINnERS, an agricultural supply chain de-risking service supported by...

EIT Climate-KIC supported WINnERS secures over €1.5 million in funding
In our community
Interview with Marian-Constantin Vasile, Trainer, EIT Climate-KIC
Interview with Marian-Constantin Vasile, Trainer, EIT Climate-KIC
In our community
Interview with Piotr Magnuszewski, Programme Leader, Centre for Systems Solu...
Travis Hendrix tbd
Interview with Piotr Magnuszewski, Programme Leader, Centre for Systems Solutions
Opinion
How the climate community breeds its own inaction
Dominic Hofstetter EIT Climate-KIC
How the climate community breeds its own inaction
Innovation Spotlight
Not your ordinary reusable bag: Plant trees & earn discounts while you s...

Remember a time when you’d carry your purchases home in a plastic bag? Neither can we. That’s...

Not your ordinary reusable bag: Plant trees & earn discounts while you shop with goodbag
In our community
Interview with Mike Asquith, Project Manager – Integrated Environmental As...
Interview with Mike Asquith, Project Manager – Integrated Environmental Assessment, European Environmental Agency
In The News
EIT Climate-KIC launches strategy for 2019-2022

EIT Climate-KIC, innovation community established and funded by the...

EIT Climate-KIC launches strategy for 2019-2022
Opinion
A systemic approach to innovation in land use and nature-based solutions
Daniel Zimmer Director Sustainable Land Use at EIT Climate-KIC
A systemic approach to innovation in land use and nature-based solutions
Opinion
How moderation could accelerate climate action
Dominic Hofstetter EIT Climate-KIC
How moderation could accelerate climate action
In The News
Close the circularity gap to avert catastrophic climate change, Davos told tod...

A new report by Circle Economy, supported by EIT...

Close the circularity gap to avert catastrophic climate change, Davos told today
In our community
Interview with Mia Dragovic Matosovic, Scientific Researcher, Institute for ...
Interview with Mia Dragovic Matosovic, Scientific Researcher, Institute for European Energy and Climate Policy
In our community
Interview with Charlotte Breen, from C40’s Business & Innovation Team
Interview with Charlotte Breen, from C40’s Business & Innovation Team
In The News
EU group invites feedback on sustainable finance definition

The Technical Expert Group on Sustainable Finance (TEG) set...

EU group invites feedback on sustainable finance definition
In Detail
Municipality-led circular economy case studies from EIT Climate-KIC and part...

How can cities create prosperity for expanding populations whilst transitioning through systematic change to low-carbon economies? How can cities achieve continued prosperity whilst preserving...

Municipality-led circular economy case studies from EIT Climate-KIC and partners
In Detail
Transformative change through innovation: An analysis of the role of innovat...

One of the areas with significant potential to reduce carbon emissions is the energy sector, including the transition away from coal. It is, and...

Transformative change through innovation: An analysis of the role of innovation in five transition regions
In The News
COP24 report: The vital role of land use in climate mitigation

With the carbon costs of travel in mind, key...

COP24 report: The vital role of land use in climate mitigation
In The News
COP24: Distributed ledger technology could help enact Paris Agreement

With the carbon costs of travel in mind, key...

COP24: Distributed ledger technology could help enact Paris Agreement
Opinion
System innovation is needed to help regions shift to a low-carbon economy
System innovation is needed to help regions shift to a low-carbon economy
In The News
COP24: Social innovation to drive just transition of coal regions

With the carbon costs of travel in mind, key...

COP24: Social innovation to drive just transition of coal regions
In Detail
DLT for climate action assessment

DOWNLOAD THE REPORT Over the past decade, we’ve witnessed a myriad of milestones that have put the vision of a prosperous, climate-resilient society on...

DLT for climate action assessment
In The News
EIT Climate-KIC’s ConnectedClusters launches at EUROCITIES

EIT Climate-KIC’s ConnectedClusters project—which aims to accelerate innovation clusters...

EIT Climate-KIC’s ConnectedClusters launches at EUROCITIES
Opinion
St. Patrick is on a Mission – #MissionFinance 1.5 C
Sandra Vlašić, Partnerships, Resources and Stories Terra Hub
St. Patrick is on a Mission – #MissionFinance 1.5 C
In our community
EIT Climate-KIC to showcase its top 30 cleantech startups during Slush 2018
EIT Climate-KIC to showcase its top 30 cleantech startups during Slush 2018
In The News
How to unlock the finance needed for integrated landscape approaches

Why integrated landscape approaches matter and how to unlock...

How to unlock the finance needed for integrated landscape approaches
In The News
Regional Innovation Scheme start-ups showcase cleantech achievements supported...

Last month (October 2018) in Vienna, Austria, 32 start-ups...

Regional Innovation Scheme start-ups showcase cleantech achievements supported by EIT Climate-KIC
In The News
City Finance Lab explores new advisory services to catalyse investment in sust...

With the carbon costs of travel in mind, Climate...

City Finance Lab explores new advisory services to catalyse investment in sustainable cities
In The News
EIT Climate-KIC responds to consultation on Long-Term Strategy for EU GHG emis...

As an active member of the community working to...

EIT Climate-KIC responds to consultation on Long-Term Strategy for EU GHG emissions reduction