HoSoleMio Focuses on the Growth of Photovoltaics in Italy

GSE data reveal that as of December 31st, there were about 1,225,000 photovoltaic systems installed in Italy, up 21 percent from the end of 2021. Overall, cumulative capacity was more than 25 GW (up 11 percent), and annual production in 2022 was 28.2 TWh (plus 12.5 percent over 2021).

To the challenge of accelerating the energy transition also through more active and conscious participation of the population, Hosolemio, an innovative startup, focused on the construction of photovoltaic plants throughout the country, also put at the service of nascent Renewable Energy Communities (RECs), responds.

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The equity crowdfunding campaign of HoSoleMio

Through the slogan “Adopt 1 Kilowatt,” the company has launched an equity crowdfunding campaign on the Ecomill portal (here’s our fact sheet on Crowd Monitor), which allows anyone to become a protagonist of the energy and ecological transition in Italy.

The first round of fundraising on the Ecomill portal-the first Italian crowd-investing platform to facilitate the matching of supply and demand for capital in the areas of energy transition and sustainability-started on June 14 and will close on July 20, with a fundraising target of more than €1M to support the development of the Hosolemio plant pipeline.

“Ecomill”-explained Chiara Candelise, CEO of Ecomill-“is constantly engaged in supporting the development of projects that concretely promote the energy transition, based on participatory models. Hosolemio, from the outset, was in line with our values and objectives, as well as representing an excellent investment opportunity, offering attractive expected returns and exit options.”

Hosolemio’s goals

The company’s goal is to install, over the course of the years, a series of photovoltaic systems of different power ratings, united by a similar and scalable Business model.

In fact, Hosolemio plans to install, in 2023, plants with a total capacity of 2 MWp, in 2024 4 MWp, and in 2025 3 MWp, which will provide the groove for the Company’s development.

By investing in the startup it will be possible to become a real “shareholder” of photovoltaic plant projects built on the Italian territory.

Thanks to innovative software based on IoT technologies, Hosolemio the investor will also be able to monitor the productivity of the plant in which he has invested and will be able to visualize in real-time the CO2 savings directly related to his investment.

This is a true participation in the energy transition, open to everyone, even those who cannot afford their own home PV system due to space availability or financial capacity.

The business model and ROI for investors

Hosolemio’s business model is based on the company itself obtaining the surface right (normally for 20 years) on the roofs of commercial and industrial facilities, on which Hosolemio will build the photovoltaic system, then supplying the energy produced at zero kilometers to the facilities below.

In cases where the implemented model will allow it, Hosolemio will also facilitate the establishment of new Renewable Energy Communities (RECs) that, in return for maximizing self-consumption, will enjoy government incentives on shared energy.

Hosolemio will thus benefit from a certain revenue stream from both the sale of energy and from obtaining GSE and ARERA incentives, and consumers who are involved throughout the country to participate in the CERs promoted by Hosolemio will in turn benefit from the purchase of energy at attractive values as well as from a share of the incentives.

Francesco Cecchi, Founder and Promoter of the Project, stresses, “To make the offer of the startup Hosolemio even more solid and interesting, contributes an interdisciplinary Team of great technical expertise and a parterre of outstanding Commercial and Financial Partners such as Sol Lucet Trading and Aquila Capital Holding Gmbh, as well as the Company SunLink Srl, which deals with artificial intelligence and guarantees innovation within Hosolemio.”

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(Featured image by RoyBuri via Pixabay)

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