Last year wind and solar energy observed Fossil fuels for the supply of 30% of the EU electricity. In the background, newly established businesses in the solar space have led to a change of generation to the way we take our power. In 2022 we covered how a small European B2C start was planning to bring solar energy to homes through “vertical solar panels” designed to be placed on elegant European balconies. However, this strategy proved to be harsh and Donkey Now rotates on B2B after a minority minority acquired by Chinese solar giant Genbyte tech. The terms of the agreement were not excluded.
Public negotiated Genbyte, with factories in China and annual revenue of more than $ 1.4 billion, enters strategic partnership with Wedosolar in the next repetition. Starting had previously measured New York Deception And Germany Leanox Impact Chapters as early stages supporters.
Genbyte Tech typically produces micro -desserts, energy storage systems and smart networks solutions. It will now provide infrastructure and technical know -how to Wedosolar to increase its activities and enter new markets.
Wedosolar was founded in 2021 by Karolina Atspodina (depicted above), a serial businessman born in Ukraine and Qian qinMaterial Engineer, Serial Businessman and former CEO of BSH Digital Ventures GmbH.
The start has previously introduced solutions to people’s homes designed for self-installation in a plug-and-player manner.
“The decision to rotate a B2B model represents a natural development for the company, as we saw cheaper and not so safe, the products had begun to flood the market. It became impossible for customers to see and understand the difference,” Atspodina said , Managing Director and Co -Founder of Wedosolar in TechCrunch. She now resigns her role, but plans to remain involved in the company as a shareholder and member of the Board of Directors.
In its place, Qin will take on the role of Wedosolar CEO. Using Genbyte’s capabilities, Wedosolar will now cover resellers, real estate developers and commercial businesses, providing solar panels that fit their projects.
“We needed to rotate a B2B model, but we needed a strong partner behind us, and that was the best solution. We as a founders will maintain a majority share and there would be a new team built under Qin,” Atspodina added.
As for her, she told TechCrunch, “now I’m looking for dual -use / defense in the near future. In the meantime, I help other founders with concentration of capital and other projects.”
