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Release by Scatec logo — Release is a flexible leasing agreement of pre-assembled and...

Release by Scatec

Release is a flexible leasing agreement of pre-assembled and modular solar PV and battery equipment.

Founded 2019 Norway Norway 40 employees Post Ipo Equity Total: $1.20B Energy, Financial Services +1

General Information

Company Name Release by Scatec
Founded Year 2019
Location Norway Norway +1
Employees 40
Industries Energy, Financial Services, Renewable Energy
Funding Stage Post Ipo Equity
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About Release by Scatec

Release by Scatec is an innovative startup providing a flexible leasing agreement for pre-assembled and modular solar PV and battery equipment. The company, founded in 2019, specializes in designing, financing, and installing scalable solar power plants and battery storage, offering them on short- or long-term contracts. Release stands out by ensuring equipment performance, providing 24/7 monitoring and operation and maintenance support, as well as conducting training for local resources in regular maintenance tasks. Targeting medium and large energy consumers in emerging markets, Release leverages its experience, competence, and global presence to make reliable solar power accessible to a wider audience. As part of its commitment to sustainable energy solutions, they have received a significant kr1.10BPost-IPO Equity investment at 27 October 2023 from Climate Fund Managers. With its headquarters in Norway and being owned and managed by Scatec ASA, Release demonstrates promising potential to transform and revolutionize the energy sector with its innovative approach. This investment signifies a strong backing and a vote of confidence in Release's business model and its potential to drive positive impact in the energy industry.

Taxonomy: solar energy, energy leasing, modular equipment, battery storage, scalable power plants, equipment leasing, performance guarantee, monitoring, operation and maintenance, emerging markets, Scatec ASA, global presence

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 1
Investor
27 Oct 2023
Debt Financing •••••• 1
Investor
19 Jul 2023
Venture Round •••••• 1
Investor
19 Jul 2023

Latest News

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Yenilenebilir enerji çözümleri sunan Scatec, 102 milyon dolar yatırım aldı — Webrazzi
Yenilenebilir enerji çözümleri sunan Scatec, 102 milyon dolar yatırım aldı
Webrazzi Jan 23, 2024

Release by Scatec Alternatives & Competitors

Release by Scatec vs
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Release by Scatec vs
Defix
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Release by Scatec vs
MMEC
MMEC

Providing free installation of top-tier solar power systems and advanced storage solutions.

Series Unknown
Energy, Renewable Energy
Compare Release by Scatec vs MMEC

FAQ About Release by Scatec

Release is a flexible leasing agreement of pre-assembled and modular solar PV and battery equipment.
Release by Scatec was founded in 2019.
Release by Scatec is headquartered in Norway.
Release by Scatec operates in the following industries: Energy, Financial Services, Renewable Energy.
Release by Scatec has approximately 40 employees.
Release by Scatec has completed 3 funding rounds, raising a total of $1.20B. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Release by Scatec include Feroze Power, Defix, MMEC, Vareyn Solar, Linklease. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Release by Scatec and Feroze Power are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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