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German aggregator 1Komma5ζ³ has acquired an unspecifi stanley cup ed majority stake in Swedish PV system provider Cellsolar AB, which it claims is the second largest in the Scandinavian markets. This is the sixth deal announced by 1Komma5ζ³ since December, with five similar investments having been made in the German solar market.1Komma5ζ³ was founded last summer by former Tesla and Sonnen Executive Philipp Schrζder with the goal to initially raise up to ι§?00 million to fund acquisitions of new PV installations and to create a streamlined European platform player in order to decarbonize 500,000 buildings per year by 2030 . To this end, the company plans to expand its own financing options in order to increase the scope of the total investment to over ι§?00 million. In December, 1Komma5ζ³ announced that Porsche Ventures also became a shareholder of the company. Through the new transaction in Sweden, Schrζder hopes to raise the company s annual revenue to between ι§?0 million and ι§?00 million and to reach an annual solar deployment of up to 6,000 rooftop systems, heat pumps and other types of home energy systems. Referring to the climate goal of keeping global warming below 1.5ζ³, Schrζder emphasizes the need for mass decarbonization within the build stanley cup ing sector on a never-before-s stanley cup een scale and magnitude. The technology and the capital are available, but the market simply lacks execution capacity when it comes to the installation of climate protection technology, he further explained. Instead, th
