According to EIB website, the project aims to support the Sonnen's growth strategy by financing its EU-based R&D activities, capital expenditure (CapEx) in Industry 4.0 transformation and increased automation and equipment to deal with growing volumes, permanent increase in net working capital, and sales and marketing activities. By supporting the borrower's growth strategy in the sales and installations of a solar photovoltaic (PV) system and battery storage, the project supports the integration of renewable energy and thereby contributes to Climate Action. An estimated 18% of the project investment cost also supports Digitalisation in the EU.
sonnen GmbH is engaged in the production and sale of plug-and-play battery storage systems. It also offers sonnenApp for smartphones or tablets to connect to sonnenBatterie via the Internet and to monitor, analyses, and control the supply and demand of household.
No contact information provided at the time of disclosure.
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