OpenSolar Fundraise. Fresh on the back of a big year for the folks at OpenSolar, the company recently closed a series B $15m funding round. As you may recall form our prior interview with the CEO birchy, the company provides NREL validated, high quality sales and design software to installers. They rolled out new design automation and advanced new features in 2022 and have grown to over 10% of the US resi design market by their calculations. Now you can begin to see the vision for low cost digital sales in the US in residential solar.
New Fund, Longtime Investor. Congrats to Alokh Sindher on his jump to lead an infrastructure fund with Fifth Wall. Alokh has been a staple at DESRI for more than a decade which has been a behemoth in the market for most of that time.
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- Canary Media: VC firm Fifth Wall to bankroll deployment of carbon-free building tech
- Startup Daily: Telstra Ventures backs renewables software startup OpenSolar in $22 million series B
- Politico: Big winners from Biden’s climate law – Republicans who voted against it
- Utility Dive: DOE launches $10M prize to increase community solar in underserved communities
- Energy Storage News: New York’s Energy Storage Roadmap will create ‘very, very strong market in the state’
- NPR: Solar energy could be key in Puerto Rico’s transition to 100% renewables, study says
- Bloomberg: Fine Print on Labor in US Climate Bill Complicates Rush for Tax Credits
- Reuters: Spain’s Iberdrola considers U.S. renewables stake sale, sources say
- PV-Tech: Enlight Renewable Energy files for US initial public offering
- PV-Magazine: Enlight Renewable Energy to go public on Nasdaq exchange
Opinion
Best, Yann