Berlin-based GIGA.GREEN , a company that develops and operates solar and charging infrastructure, has secured €25M in equity from Ichigo Inc., a Japanese sustainable infrastructure company.

Sebastian Schmidt, co-founder and co-CEO of GIGA.GREEN states, “This investment enables us to achieve our strategic goals faster and further consolidate our position as a leading provider in the industry. We are focusing on innovation and efficiency to offer our customers the best solutions in the field of sustainable energy.”

Ichigo is dedicated to making the world more sustainable and operates 64 solar and wind power plants across Japan.

As a part of the investment, the Japanese have acquired a 24.39 per cent stake in GIGA.GREEN.

Scott Callon, Chairman of Ichigo, states, “We are very excited about the partnership with GIGA.GREEN, a leading and innovative provider of renewable energy solutions in Germany. Climate change is real, and we need to act globally to reduce its devastating impact. We have thus been looking for a strong global renewable energy partner that shares Ichigo’s values of working cooperatively for a more sustainable world. GIGA.GREEN is that partner. Together, we will drive the energy transition and develop sustainable solutions for future generations.

Fund utilisation

With this fund, the German company will further expand its operations and strengthen its market presence in Germany. The new funds will also be primarily invested in the development of innovative technologies to enhance efficiency and in expanding the team.

Wolfgang Röbig adds, “We are thrilled to have a strong and sustainable partner by our side, allowing us to provide more businesses with easy access to affordable and renewable electricity. This brings us a big step closer to our goal of saving one gigaton of CO2.”

GIGA.GREEN: Renewable energy solutions provider

GIGA.GREEN was founded in 2018 by Sebastian Schmidt and Wolfgang Röbig. The German company designs, develops, and operates commercial solar energy systems, battery storage, and charging infrastructure in Germany.

The company offers its customers easy access to affordable and long-term stable solar energy without requiring any upfront investment.

The company’s mission is to partner with its customers to save one gigaton (one billion tons) of CO2.