Enpal solar Monaco

Who is enpal?

German startup, Enpal, has been tapping into a growing demand for solar power systems as Europe’s energy transition unfolds. Currently, Enpal has over 40k “solar systems for rent” installed in Germany and gaining 2,000 new solar energy systems installations per month.

Can enpal take on the world with a solar system?

After a recent €215 million Series D funding that places its valuation at €2.2 billion, Enpal is poised to take on the world with its solar system offering that allows customers to rent the system from the beginning, without money upfront. It makes solar power more accessible and empowers more of us to transition to this energy source.

Why should you buy a solar system from enpal?

Consumers benefit from the green energy generated at home both for their personal use and the sale of excess electricity to the grid at a guaranteed feed-in-tariff. After 20 years, when Enpal's leasing contracts for the solar installations expire, the systems can be bought by the customer for €1.

How much money does enpal make a year?

Currently, Enpal has over 40k “solar systems for rent” installed in Germany and gaining 2,000 new solar energy systems installations per month. Since its 2017 launch, it made impressive profits for the first time last year, with revenue of more than €400 M.

What is enpal & why is it important?

It makes solar power more accessible and empowers more of us to transition to this energy source. We caught up with Mario Kohle, Enpal’s CEO & Founder about how Enpal is fulfilling its vision of creating a global renewable-energy community, its hiring and expansion plans, the biggest challenges in solar energy production and consumption and more.

Is enpal a good business model?

Electricity prices in Germany are now the highest in the EU, but solar power has become more and more affordable. So Enpal's business model – no upfront cost, and low fixed lease payments – is proving popular.