IBM and Raise Green, an impact investment marketplace for clean energy projects, announced their collaboration to develop Raise Green’s software solution deployed using Red Hat OpenShift on IBM Cloud, intended to empower any entrepreneur to start their own community solar energy businesses. Today marks the rollout of the latest Beta version of the Originator Engine, following the initial launch announced last year.

To help address the growing urgency of climate change, Raise Green came to IBM Global Business Services (GBS) with a need that the parties developed into the Originator Engine – a groundbreaking digital tool that customers, investors, and ecosystem partners can leverage to create, finance, build, and run new solar businesses.

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“Everyone has a role to play in tackling climate change in an equitable way. Countries have committed to act, technologies are ready, and policies are moving in the right direction, but it’s not happening fast enough,” said Franz Hochstrasser, CEO and co-founder of Raise Green. “Raise Green is designed to empower communities tired of waiting for action on climate and social impact. IBM is helping us bring this innovation to life by designing a smooth user experience that makes starting a new business straightforward while enabling us to expand into areas beyond solar like template microgrids, energy efficiency, electric vehicle charging, urban farms, and affordable housing.”

Raise Green engaged IBM GBS to help build a digital experience that would empower climate entrepreneurs to start and finance their businesses and local climate projects by removing obstacles and equipping them with tools and resources. A team of IBM design and technology specialists worked with Raise Green to co-create, develop and deploy a proof-of-concept for the Originator Engine in just eight weeks through the IBM Garage – IBM’s approach to fast-tracking innovation at scale, to help transform organizations from the inside out. The Originator Engine uses Red Hat OpenShift and is deployed on IBM Cloud for all of Raise Green’s services. IBM Cloud is the industry’s most open and secure public cloud.