• Also Energy, a solar monitoring company, raised a round of funding from the Clairvest Group. Link
  • Bright raised $4M in its Series A round of funding led by Grok Ventures. Link
  • Greatcell Solar has raised $5.3M in a Post-IPO round from its shareholders. Link
  • Natcore Technology raised $124k of funding through a private placement round. Link
  • Nevados Engineering received $3M grant in State and Federal R&D Funding. Link
  • Kingo closed an $8M Series B financing round lead by institutional investors, including FCP, ENGIE as well as development banks including, FMO, Proparco and H-Reff. Link
  • PV NanoCell raised $300k in a Debt round of funding as per SEC Filings. Link
  • Solarus has raised $7.9M in funding from a group of investors in a round led by ForestEffect Fund, including a crowdfunding round of $960k raised in December, 2016. Link
  • Solarity, a residential solar player, has raised an undisclosed round of funding from SCL Energía Activa. Link


Flip Robotics (Delhi, 2016) – Flip Robotics is developing an autonomous robotic solution for cleaning Solar PV panels with waterless technology. The company claims a dust removal rate of 98% and having the same efficiency as water-based cleaning. The robot is fully autonomous and does not need human operation. The robotic solution is based on a patent-pending technology.


Hardware Developer
SunPower (1985, Athens, IPO) – Designs and manufactures high-efficiency silicon solar cells and solar panels based on an all-back contact cell having all-black appearance. Went public in November, 2005.
BrightSource Energy (2004, Oakland, $805M) – Designs and builds large scale solar plants that deliver solar energy in the form of steam and/or electricity. Backed by Google, Morgan Stanley, DFJ among others.

Independent Power Producer
Silicon Ranch (2011, Nashville, $288M) – Integrated solar service provider focusing on developing utility-scale solar plants and offering turnkey Solar EPC services. Backed by Partners Group and Greystone.
Nippon Renewable Energy (2013, Tokyo, $250M) – Solar energy developer which manages and operates solar power facilities from the development and construction stages through to the operational stage. Backed by Equis Capital Partners and Partners Group.

Project Developers
Solairedirect (2006, Paris, $341M, Acq.) – Owns and operates solar farms as well as undertakes solar EPC contracts. The company has presence in France, India, America, Latin America among other countries. Backed by IADB, Capital Stage, Blackrock, Demeter Partners among other.
Brite Energy (2014, Romeoville, $264M) – Brite Energy offers solar installation services to residential and commercial spaces. The company is backed by Protection 1 (USA’s full-service security company) and co-owned by GTCR.

SolarCity (2006, San Mateo, IPO, Acq.) – Full-service solar provider for homeowners, businesses and government organizations. Backed by Bank of America, DFJ, SilverLake Partners etc., among others. IPO-ed in December 2012.
Sunnova (2010, Houston, $1.1B) – Integrated solar installation, finance, and solar leasing services. Backed by Triangle Peak Partners, Franklin Square Capital Partners etc., among others.

Solar Products
Envision Solar (2006, San Diego, IPO) – Designs and builds solar trees and solar powered parking structures. Went public in May 2010.
Petra Systems (2006, South Plainfield, $40M) –  Company offers smart light controller, solar power generator, wireless networking, support for surveillance & sensor networks, network gateways and battery backup. Backed by ES Ventures, Element Partners etc., among others.

Solar Financing
Solarbao (2014, Shanghai, $40M) – Solarbao gives regular retail investors a chance to make low risk investments in solar power stations. Investors buy solar panels, lease them to When they sign the entrusted financial lease contract, the panels are installed in power stations, and fixed monthly returns are paid to the investors.

Software Solutions
Fat Spaniel (2003, San Jose, $28M, Acq.) – Independent provider of critical monitoring and reporting services for the renewable energy industry. The company’s solutions are utilized by solar power producers, financiers, system integrators, and OEMs.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit Solar Energy feed.

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