What Is ‘Solar-as-a-Service’?

UrbanVolt, the Dublin-headquartered energy-saving LED lighting firm whose backers include rugby star Jamie Heaslip, has announced a new solar solution. The company, which last year signed a €30 million funding deal with Swiss green energy private equity group Susi Partners, has become internationally known for its "light as a service" offering where it installs energy-efficient lighting for businesses free of charge, with an agreement to split the energy savings between both parties over a five year period.

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