Oct 27 2024 31 mins 7
InRange Energy, led by CEO John Mushriqui, is pioneering a solution to a pervasive problem in the energy sector: the massive underutilization of warehouse rooftops. Currently, rooftops around the world, particularly in commercial warehouses, are mostly unused. With data centers increasingly demanding clean energy, Mushriqui and his team at InRange see a unique opportunity to meet this need by converting these rooftops into distributed solar farms. Their model enables commercial rooftops to serve as flexible energy assets, harnessing solar power to generate substantial energy and sell any surplus to nearby enterprises, transforming rooftops into productive, sustainable energy sources.
The InRange model operates through a smart, data-driven approach that streamlines the complex process of grid integration and regulatory compliance. Initially focusing on the UK market, the company navigates local regulations to export surplus solar energy directly to the grid, often at more competitive rates than traditional sources. By partnering with landlords and large tenants, InRange’s innovative financing solutions make the transition to rooftop solar feasible and cost-effective. The company’s goal is to create a seamless energy-sharing model that benefits landlords through increased property value and attracts large energy buyers, such as data centers, seeking sustainable energy solutions.
With its technology-driven approach, InRange has already seen success in partnerships with major clients, including prominent retailers and data centers in the UK. Their innovative model not only reduces energy costs for businesses but also supports the global shift toward sustainable energy. As InRange plans further expansion across Europe, and potentially into North America, they’re setting a strong example of how traditional real estate assets can evolve into integral parts of a cleaner, distributed energy grid.
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