Glint Solar Secures $8 Million Funding to Expand Across Europe
- Glint Solar's customer base has increased nearly tenfold since mid-2022.
- The funding will help the company expand its platform and target new markets in Europe.
- The focus on utility-scale solar projects aims to maximize the impact on global energy production.
Glint Solar, a Norwegian software startup launched in March 2020, has secured $8 million in Series A funding to accelerate its solar energy platform, enhancing project assessments for utility-scale installations across Europe. The company indicates a substantial growth in its customer base since its previous $3 million seed round in June 2022. Currently, its primary markets include France, Germany, the Nordics, and the U.K., but plans are in place to target new regions including Italy and Spain. Glint Solar's software consolidates data from various sources, improving collaboration and efficiency in planning solar installations. The funding will also be directed towards product development, particularly in optimizing battery siting for solar projects, considering factors like grid capacity and environmental impact. By focusing on large-scale utility projects, Glint Solar aims to significantly contribute to increasing solar energy production.