Berlin renewable energy Cloover has raised a $114 million Seed round to fuel the growth of its operating system. The company connects all relevant stakeholders of the energy transition — installers, prosumers, manufacturers, energy providers, and investors — through its software, finance, and energy solutions.
To achieve the EU target of 42.5 percent of energy produced by renewables in 2030, investments of €800 billion per year are needed, but only half of that is currently accounted for.
The residential renewables sector has grown 20 per cent annually in the last decade, driven…
