February 6th 2024
UK startup launches end-to-end solar solution for commercial properties
The AI-powered platform will help busy businesses assess, install, maintain and monetise solar panels.
Metris Energy claims its system is the first-of-its-kind to focus specifically on commercial properties, with £2million raised through a pre-seed funding round led by Octopus Ventures and Aenu VC.
In the past, attempts to monetise renewable energy generated through on-site solar infrastructure at officers, factories, and other places of work has been a time-consuming process. As has monitoring repairs, replacing outdated models, and organising specialists to fit equipment.
It is hoped that the new platform will significantly reduce the hours people are expected to spend on this, freeing them up to concentrate on their jobs, in turn increasing the likelihood more companies will consider investing.
‘We believe that by aligning financial incentives with environmental benefits, Metris holds the key to unlock scale adoption of solar in the commercial property segment,’ said Natasha Jones, Metris’ Co-Founder.
‘With Metris’ AI-powered platform, commercial property owners can easily leverage unused roof space to generate extra revenue and play a crucial part in securing a greener, more prosperous future for the planet,’ she continued. ‘We’re at the forefront of the decentralised energy revolution, driving the adoption of solar within commercial real estate, and we’re excited to be joined by expert investors to supercharge our mission to turn every building into a power plant.’
It is understood that rolling out solar across the UK’s commercial real estate offers a £22billion revenue opportunity, and once complete this investment would prevent up to 14million tonnes of carbon dioxide from entering the atmosphere each year. In related news, a UK team at Oxford PV, an offshoot of the University of Oxford, recently set a new record for panel efficiency, with the sector now representing the fastest-growing and dominant form of renewables production.
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Image: Lenstravelier