REplace
Funding Stage: Seed stage
Country: Israel
Award: Participant
"Revolutionizing Solar Site Selection Efficiency"
REplace is tackling the critical problem of inefficiency in renewable energy development. Traditionally, selecting land for solar projects is a manual, time-consuming process, leading to an 80% failure rate due to poor site choices. REplace solves this with a one-click platform that analyzes over 40 key parameters, drastically reducing risks and accelerating project timelines. With a team of 8 experts, REplace developed this software, which is already in use by top industry players. The company raised $575k in pre-seed funding and signed six clients, including two of the world’s largest renewable energy developers—EDF Renewables and Iberdrola. REplace is revolutionizing solar project development, cutting costs, improving site selection accuracy, and maximizing ROI for developers.