CIOC Energy raises €3M to trade solar and battery assets

What's the deal? Belgian energy optimisation company CIOC EnergyDealroom has a profile for this one. Try Dealroom → has secured €3 million from renewable energy developer CleverNettDealroom has a profile for this one. Try Dealroom →, which has taken a minority stake in the company, to expand its platform for monitoring, controlling, and trading solar and battery assets. The company will use the funding to grow its commercial and technical teams and establish direct energy market access.

What's the endgame? CIOC Energy runs a platform that manages solar and battery assets in real time. Direct energy market access would let it trade the electricity those assets generate and store, rather than relying on intermediaries.

The signal: As Europe adds more solar and battery capacity, the value increasingly shifts to software that can optimise when energy is stored, used, and sold — a niche CIOC Energy is now betting fresh capital on.

Read more: Tech.eu

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