Enphase catches $22.6M for solar micro-inverters
Enphase Energy, maker of micro-inverter systems for solar applications, has raised $22.57 million in capital, according to peHub. The Petaluma, Calif. company says the funding came from Applied Ventures, Rockport Capital Partners and Third Point Management.
Enphase’s flagship system consists of three separate processes. Its micro-inverters are installed on individual solar modules to turn collected sunlight into grid-compliant energy. Then its communications gateway sends information regarding the efficiency of each module back to a centralized database…. Continue Reading
SolarEdge absorbs $23M to boost solar energy output
Israeli cleantech company SolarEdge has raised $23 million in a second round of funding to continue developing technology that could significantly increase the output of solar energy installations. The round — which included Vertex Venture Capital, Walden International, Opus Capital and Genesis Partners — remains open, but no target has been disclosed.
SolarEdge itself is still in stealth mode. What little information there is available indicates that it’s working to combine hardware and software to maximize… Continue Reading
Micro-inverters on the rise with Enphase funding
To a layman, electricity seems like a fairly straightforward proposition: It flows like water through wires and into gadgets, end of story. But the real story is a bit more complex, which is why Enphase Energy, a company that makes a device called micro-inverters for solar panels, has raised a new $15 million financing.
An inverter converts direct current (DC), which is what solar panels produce, into alternating current (AC), the type of electricity you’re usually… Continue Reading
Enphase Energy funded for solar cell management technology
Another company has emerged claiming it has a better way to tracking and manage the power that solar cells produce, just a few days after we reported the investment received by competing measurement company Fat Spaniel.
Better measurement tools are crucial to the emerging solar industry, which is struggling to become more efficient, so that it is cost-competitive with other sources of energy. Again, the high-tech companies of Silicon Valley are kicking in to push this… Continue Reading