As the company shifts its focus toward commercial clientele, Attspodina expressed optimism in the decision, highlighting the importance of a strong partner to steer their growth while still retaining a majority stake in the business.
Looking to the future, Attspodina disclosed her intentions to explore opportunities in the Dual-Use/Defense sector, while also continuing to support other entrepreneurs with fundraising and various initiatives.
. As the market became saturated with subpar products the company under Qin’s guidance transitioned to a B2B framework utilizing Genbyte’s resources to cater to resellers property developers and corporate entities.
Attspodina the CEO and co-founder is relinquishing her position but remains dedicated to the organization as a shareholder and board member. However encountering obstacles WeDoSolar shifted its focus to B2B operations following the acquisition of a minority stake by the Chinese solar giant Genbyte Tech né?. Qin is set to assume the role of CEO, spearheading WeDoSolar’s new direction in collaboration with Genbyte né?. Back in 2022, we covered the plans of a small European B2C startup to innovate home solar panels with “vertical solar panels” tailored for elegant European balconies. In the previous year wind and solar energy outpaced fossil fuels to provide 30% of the EU’s electricity. The specifics of the agreement were not disclosed.
Genbyte a publicly traded company with manufacturing facilities in China and annual revenues surpassing $1.4 billion has forged a strategic alliance with WeDoSolar for their upcoming endeavours. Amid this trend, emerging companies in the solar industry have been seizing opportunities arising from a changing energy landscape. Formerly backed by New York’s VentureOut and Germany’s Leanox Impact Capital, WeDoSolar is poised to leverage Genbyte’s proficiency in microinverters, energy storage systems, and smart grid solutions to broaden its scope and venture into new markets.
Established in 2021 by Karolina Attspodina, a serial entrepreneur from Ukraine, and Qian Qin, a hardware engineer and former managing director at BSH Digital Ventures GmbH, WeDoSolar initially provided user-friendly solar options for residential use
