ENERGIIQ is the energy innovation fund of the Province of South Holland and is administered by InnovationQuarter. The Province of South Holland has earmarked €35 million for ENERGIIQ, which invests in businesses that are ready to commercialise a proven energy innovation. Innovations should lead to a reduction in CO2 emissions and/or the creation of jobs in the Province of South Holland.
Rafael Koene, ENERGIIQ fund manager at InnovationQuarter, adds: “We are investing in Kitepower because it has developed an interesting technology that can have a significant impact on CO2 reduction in remote areas and locations requiring temporary power by offering a fossil-free alternative to polluting diesel generators. ENERGIIQ has every confidence in Kitepower’s management team and looks forward to driving this proposition forward.”
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