Bling Energy raises €15M to scale Solar Subscription Model across Portugal

Share now

Read this article in:

Bling Energy raises €15M to Scale Solar Subscription Model Across Portugal
© Bling Energy

Bling Energy, a Lisbon-based startup making renewable energy more accessible for households, has secured €15 million in strategic investment from BlueCrow Capital.

The capital will fuel the company’s expansion into 3,000 new homes, delivering a total of 20 megawatts (MW) in decentralized solar and storage systems.

Solar-as-a-service: no upfront cost, no complexity

Bling Energy offers a fully managed solar subscription model that allows homeowners to access clean energy with no upfront investment. The new round will support the installation of 11 MWp of rooftop solar and 9 MWh of battery storage, providing predictable savings and long-term resilience to Portuguese households.

“This isn’t just capital — it’s a validation of our vision,” said Bernardo Fernandez, CEO and founder of Bling Energy. “We’re building a smarter, more inclusive energy transition with zero barriers for consumers.”

Advertisement

Partnering to meet rising demand for residential energy independence

Portugal’s residential market has seen growing demand for cost-effective clean energy solutions, especially amid rising energy prices and policy tailwinds. Bling’s model has gained traction with consumers through its transparent pricing, end-to-end management, and flexible contract terms.

With BlueCrow’s backing, Bling plans to scale operations, strengthen its local supply chain, and expand outreach to suburban and rural households.

“We believe in Bling’s mission, its team, and the long-term market opportunity it addresses,” said António de Mello Campello, Partner at BlueCrow Capital. “This investment reflects our broader commitment to impactful, scalable solutions in the climate space.”

Reinforcing Portugal’s energy transition momentum

The deal marks a significant milestone for Bling Energy as it positions itself at the center of Portugal’s energy transition — not just as a tech platform, but as an infrastructure enabler delivering clean power where it’s needed most: people’s homes.

Advertisement

Get the top Stories in your Inbox

Sign up for our Newsletters
[mc4wp_form id="399"]

Specials from Leadership