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Last yr wind and solar energyovertookfossil fuels to provide 30 % of the EU ’s electrical energy . With that in the screen background , inauguration in the solar blank have been riding a generational change in how we get our power . In 2022 wecoveredhow a small B2C European inauguration be after to bring solar to homes via its “ vertical solar panels ” designed to be mounted onto voguish European balconies . However , that strategy proved tough , andWeDoSolaris now swivel into B2B after a minority share was acquired by Taiwanese solar giantGenbyte technical school . Terms of the peck were unrevealed .
The in public traded Genbyte , with factories in China and one-year revenues of over $ 1.4 billion , enters a strategical partnership with WeDoSolar in its next looping . The startup had previously counted New York’sVentureOutand Germany’sLeanox Impact Capitalas other - stage backer .
Genbyte Tech typically grow microinverters , energy depot system , and smart grid solution . It will now supply infrastructure and technical expertise to WeDoSolar to scale up its operation and move into newfangled markets .
WeDoSolar was base in 2021 byKarolina Attspodina(pictured above ) , a Ukrainian - born successive entrepreneur andQian Qin , a computer hardware engineer , serial enterpriser , and a former managing music director of BSH Digital Ventures GmbH.
The startup previously introduced thickset solution to people ’s homes , which were designed for self - initiation , in a plug - and - turn personal manner .
“ The decision to pivot to a B2B model represents a natural evolution for the ship’s company as we saw chinchy , and not so safe , product had started to flood the food market . It became inconceivable for clients to see and interpret the difference , ” Attspodina , chief executive officer and carbon monoxide - founder of WeDoSolar told TechCrunch . She is now stepping down from her role , but design to rest involved with the company as a shareholder and a plank phallus .
In her place , Qin will take on the theatrical role of WeDoSolar CEO . Using Genbyte ’s capabilities , WeDoSolar will now ply to resellers , place developer , and commercial enterprises , delivering solar control panel that suit their project .
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“ We necessitate to swivel to a B2B model but we involve a strong pardner behind us , and this was the effective answer . We as founders will keep on a absolute majority stake , and there will be a new team built out under Qin , ” Attspodina add together .
As for her , she told TechCrunch , “ I am now looking to enter the Dual - Use / Defense sphere in the near futurity . But in the meantime , I ’m aid other founder with fundraising and other projection . ”
