L R AS Published on Sunday 3 December 2023 - n° 468 - Categories:French companies
MyLight150, which specialises in self-consumption services, has just raised €100 million
MyLight150 was set up ten years ago to provide an alternative to regulated feed-in tariffs for residential photovoltaic producers. The company has expanded its business to include a virtual battery offering, management of
and then to a contract for the supply of solar energy between private customers and businesses.
MyLight150 is now present in France, Spain, Switzerland and Romania. The company has just raised €100 million to develop its virtual battery solution in Spain. It has 7,500 subscribers in France.
Focused on self-consumption, the company has increased its sales fivefold over the past three years and is expected to reach sales of €100 million in 2023, with a target of €500 million by 2030.
PV Magazine,1 December 2023
Editor's note The company, with the same shareholders, was known as "MyLight Systems". It is presented here as "MyLight150". What does this change mean?
