Coversol 1 construction update
Coversol 1, our first portfolio, consists of 44 projects with a total capacity of 29 MW. Each dot in the image below represents 1 MW of project capacity in the portfolio. We are now in the final stages of the construction of Coversol 1. 21 MW have either reached mechanical completion or are very close […]
Mezzanine Closing
We are more than happy to announce that last week we successfully secured a junior debt facility for our first portfolio, Coversol 1, of C&I PV systems with a total capacity of 29 MWp in Italy!
Financial closing
After more than 2 intensive years of project development, 200 rigorously screened projects, EUR 10M secured in equity financing, 12 project with completed construction phase, we are more than happy to announce the successful closing of the project financing of our first portfolio, Coversol 1. This financing will be put to good use to build […]
Michael Liebreich: “bull case on net zero”
“Twenty years ago, in 2004, it took an entire year to install a single gigawatt of solar PV. By 2010, it took the world one month to install a gigawatt. By 2016, one week. Last year saw single days on which a gigawatt of solar PV was installed.” After presenting his bear case a few […]
Coversol 2
There are 60 dots in the image below. Thanks to the track record of our first portfolio, Coversol 1, we are able to secure new roofs more quickly. We have therefore decided to increase the size of our second portfolio, Coversol 2, from an initial 45 MW to a total of 60 MW – a […]
Coversol from Google earth
It’s a fun moment when the software we use every day (Google Earth) updates some of its satellite images and suddenly our first plants are visible from the sky!
Project example Morello
How this customer will be saving close to 1’000’000 EUR over the next 20 years! Let’s use one of our photovoltaic plants, part of our Coversol 1 portfolio, to show how customers benefit from our offer. The project is located on the roof of a steel forging company in Piedmont. This is a very energy-intensive […]
Coversol 1 update
It’s been a while since we last talked about the progress of the construction sites of our first portfolio, Coversol 1. For simplified handling of the 44 projects, we have divided the portfolio into three groups (A, B, C), with roughly equal capacity. Here is a breakdown of the latest developments: Group A: Almost all […]
Investor site visit
Even disregarding the obvious benefits for the climate through renewable energy production and the reduced energy cost for the industrial businesses, we are just convinced that industrial roofs with solar PV look nicer than without. Taking the occasion to share some beautiful pictures from our recent site visit with a potential investor. During the site […]
Coversol off-site
Our team is located in Italy, Switzerland, Germany and France. This makes it all the more important to meet in person a few times a year to build a strong and cohesive group. This is why last week we met in the Swiss alps for a few days for our yearly strategy meeting. Besides eating […]