Vertically integrated provider of holistic home energy solutions
Founded in 2017, Enpal provides end-to-end home energy solutions including solar, storage and EV charging with the goal of building the largest pan-European distributed energy retailer. The Company simplifies the process of owning and maintaining distributed energy resources by providing a fully integrated model that installs, finances, and maintains solar energy systems in exchange for a single monthly lease payment. Enpal has over 30,000 customers.
Europe is in the midst of an energy crisis as natural gas shortages are straining European energy infrastructure putting inflationary pressure across the economy. As a direct consequence, European governments, businesses, and households are eager to transition away from fossil fuel-based power generation and adopt clean off-grid energy solutions. While rooftop solar has historically relied on government support via a lucrative feed-in-tariff, today the German industry is profitable on a stand-alone basis given the twin-effect of lower solar costs and higher grid retail rates leading to long-term sustainable growth for the solar industry. Enpal has emerged as the leader for home energy solutions across Germany, making it simple for homeowners to adopt clean energy products and helping them save thousands of dollars in reduced energy bills.