Energy Shift

Energy Shift is a platform through which individuals and companies can invest small amounts into renewable energy projects, aggregating many contributors to finance those projects via micro-loans. The company describes its platform as blockchain powered and says it allows citizens to jointly invest in and co-own solar parks, giving retail participants a direct stake in the shift to renewable generation.

The company positions its purpose as lowering the entry barriers to renewable energy investment while generating financial returns for participants, stating an expected return of more than a 5% interest rate alongside an environmental outcome. It was founded in 2019 and has been listed as a small team of four people. It appears in the Solar Impulse Foundation ecosystem as a startup member with both Innovator and Investor member types, and is listed as a participating organisation, categorised as a non-governmental organisation, by European Sustainable Energy Week.

Founding story

The company was founded in 2019 by Filip Koprčina with the stated mission of accelerating the transition to sustainable energy by lowering entry barriers to renewable energy investment while providing attractive financial returns.

Business model

The platform intermediates between retail and corporate investors and renewable energy project developers: capital is raised from a large number of small contributors in the form of micro-loans, and investors receive financial returns from the projects they help finance, with co-ownership of solar parks cited as the model for participation.

Investors on the platform are offered returns described as above a 5% interest rate on money placed into renewable energy projects financed through micro-loans.

Traction

The company reported a team size of four and holds a Solar Impulse Efficient Solution label awarded in June 2020; it is also listed among participating organisations of European Sustainable Energy Week.