The Problem

Energy prices are too high, and the people who would benefit most from cheaper, cleaner power are often the ones least able to access it. If you own a detached house with a clear roof, the solution is straightforward, but many people rent, live in multi-tenant buildings, or own apartments without roof access. Meanwhile, utility-scale solar parks generate very cheap electricity, yet households can’t “own a piece” of them in a way that shows up clearly on their bill.

The challenge is particularly acute for large residential landlords like Vonovia. The property firm has installed thousands of rooftop systems and plans tens of thousands more, but turning that into a simple, fair product for tenants requires metering, allocation, billing, dynamic tariffs, and storage orchestration. That’s a software and market-design problem, not just hardware.

In short, cheap solar generation exists on one side, households hungry for stable energy on the other, and a missing layer in between.

The Solution

RemoteSolar builds that missing layer by unbundling solar parks and rooftop systems into modular units households can rent from 1 kWp upwards. Tenants or apartment owners subscribe to a share of a solar asset with no upfront capex and no project risk. When that capacity generates electricity, they’re billed for that portion at a fixed margin (around 1 cent per kWh plus taxes and fees), with any extra usage covered via a dynamic tariff linked to spot prices.

In practice, households gain agency over the size of their energy-generating asset, similar to rooftop solar ownership, without needing a roof. Real estate owners like Vonovia can roll out solar and storage at scale while RemoteSolar handles allocation, billing, and tariff logic for thousands of tenants. The grid benefits from a model that links local generation, storage, and flexible demand in a way that can scale across portfolios.

From day one, the platform is built to handle both remote solar parks and on-roof systems in multi-tenant buildings; for the software, the source of the electrons is almost irrelevant. Storage is part of the vision too, from household batteries to containerised units colocated with parks or large buildings, all virtualised in the platform to smooth intermittency and capture more value per kWh.

This is where the collaboration with Vonovia and Founders Factory can become catalytic. Vonovia could give  RemoteSolar immediate access to real-world scale, with real tenants and real bills. The same infrastructure that lets a renter benefit from a slice of a remote park can allocate rooftop generation across a building, settle payments, and pair it with dynamic tariffs and storage.

RemoteSolar’s proposition is simple but powerful: power for the people, at a price and format they can finally access.

Why We’re Excited to Invest

Founders Factory Partnerships Director, Nick le Fevre, “Households across Europe have been forced to change their relationship with energy use over both decades and recent years, however household energy as a product has remained fairly inflexible. We love that Michael and the RemoteSolar team have rethought household energy from first principles, building a product that empowers both homeowners and energy companies to help more people participate in and own their energy outcomes. It is a bold vision, and we believe in Michael's dedication to a more equitable, efficient and resilient energy future.”