SoloPower

SoloPower

SoloPower is a producer of thin-film photovoltaic cells and modules that help solar electricity generation. Learn more
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DateInvestorsAmountRound
-

N/A

-

$8.5m

Series A

$10.0m

Debt
*

$30.0m

Series B
N/A

$48.2m

Series C
N/A

$45.0m

Debt

$13.5m

Series E

$43.7m

Debt
*

$7.1m

Late VC
N/A

$12.0m

Series E

$220m

Valuation: $220m

Acquisition
Total FundingAUD184m

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SoloPower Systems specializes in lightweight, flexible, and powerful solar technology designed for versatile integration across various applications. The company operates in the renewable energy market, focusing on providing innovative solar solutions that are both efficient and aesthetically pleasing. SoloPower's core product is its proprietary CIGS thin-film photovoltaic modules, which are known for their ease of installation and proven real-world performance. The business model revolves around manufacturing and selling these advanced solar modules to commercial, industrial, and emerging market clients. Revenue is generated through direct sales of solar panels and integrated solar solutions, as well as through strategic partnerships and deployments in off-grid energy projects. SoloPower serves a diverse client base, including commercial enterprises, industrial facilities, and communities in emerging economies seeking sustainable energy solutions. The company aims to maximize the performance and versatility of solar power, making it accessible and practical for a wide range of uses.

Keywords: solar technology, CIGS thin-film, photovoltaic modules, renewable energy, flexible solar panels, off-grid solutions, commercial solar, industrial solar, emerging markets, sustainable energy.

Tech stack

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