Release provides modular solar photovoltaic (PV) systems and battery energy storage solutions, utilizing pre-assembled movable trackers that can be deployed under flexible leasing contracts. This approach reduces installation costs and shortens project timelines, addressing the need for affordable and scalable renewable energy sources.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional energy projects face bottlenecks related to high upfront costs, long project timelines, and inflexible contracts, hindering the transition to renewable energy sources, particularly in regions where it is most needed. This can lead to continued reliance on expensive and polluting fossil fuels.
Solution
Release provides pre-assembled and containerized movable solar photovoltaic (PV) systems and battery energy storage solutions (BESS) deployed under flexible leasing contracts, typically shorter than 5 years. This approach eliminates the need for significant upfront capital expenditure, reduces installation costs, and accelerates project deployment. The modular and movable nature of the equipment allows for redeployment to different locations, maximizing asset utilization and offering customers adaptable power solutions. By pre-financing the equipment, Release enables access to affordable, clean, and reliable power generation, reducing reliance on traditional energy sources and accelerating the green energy transition.
Target Audience
Release targets utilities and industrial clients seeking to reduce energy costs, decrease fuel dependency, and transition to renewable power sources, particularly in emerging markets.
Features
- Pre-assembled and containerized movable solar PV and BESS units for rapid deployment
- Flexible leasing contracts with terms shorter than 5 years
- Pre-financed equipment to eliminate upfront capital expenditure
- Movable trackers to optimize solar energy capture
- Modular design for scalable projects starting from 5 MWp blocks
- Hybrid plant webtool to design and visualize integrated solar PV systems