OpenSolar and Cloover join forces to bring Europe’s first integrated solar leasing solution to installers and homeowners
SAN FRANCISCO – 14 Feb 2023 – OpenSolar Pty Ltd and Cloover Leasing AB have partnered to enable residential solar installers across Europe using the OpenSolar platform to seamlessly make Cloover financial products available to their customers.
OpenSolar is a software company that provides solar professionals with the world’s most accurate and entirely free-of-charge solar design and sales platform. Cloover is a green fintech that enables all sellers and installers of renewable technology to sell their products as subscriptions.
Together, this partnership will allow OpenSolar installers to offer an innovative home solar subscription plan. Customers will be able to apply for Cloover financing solutions directly from their proposal, and benefit from a flexible subscription that requires zero upfront costs and makes going solar more accessible.
Benefits of the partnership include:
Installers receive upfront payment for installations and recurring revenue from customer subscriptions.
Leasing allows installers to reach a new market of customers, who previously couldn’t afford solar, or didn’t want the risk of investment.
Customers can review agreements and digitally sign straight from the OpenSolar proposal, significantly increasing sales conversion.
“We are really excited to be launching our partnership with Cloover, who share our mission to make solar more accessible to homeowners around Europe. Cloover’s simple and attractive funding products will be a ray of light for European homeowners who are battling unprecedented energy prices, and will help thousands to decarbonise their homes and become energy independent. This integration will ensure that installers of solar technology can empower their customers to choose a simple funding option when purchasing solar through the OpenSolar platform.” said Andrew Birch, co-founder and CEO of OpenSolar.
"This partnership is completely in line with our mission to accelerate the adoption of renewable technologies and provide more customers with access to renewable energy. Homeowners will soon have the opportunity to finance their solar energy installations with Cloover's flexible, affordable, and straightforward solutions, and installers can benefit from improved liquidity and increased revenue. Together, we can make renewable energy more accessible to everyone and support the decarbonisation of our planet." said Cameron Borrett, co-founder of Cloover.
The coming integration will first be available in Sweden and then shortly thereafter available throughout Scandinavia and Europe. Solar professionals can go to www.opensolar.com/cloover to join the list and be the first to know when the integration is available, as well as create a free OpenSolar account.
Cloover's mission is to give all households access to cheap and reliable renewable energy. We do this by helping suppliers sell their products as a service, for a simple monthly fee. Our end customers pay us through their energy savings. We offer full financing, risk management and customer service through a digital and integrated product.