Australia-based renewable energy software platform OpenSolar has secured AU$30.3 million (US$20 million) in equity financing from technology investors, including Titanium Ventures, Google, 2150 Sustainability Fund and others.
According to the company, the funds raised will be used to expand its AI solutions. With the launch of OpenSolar 3.0, the platform has introduced AI tools that automate installers’ workflows, boosting efficiency and enhancing the homeowner experience.
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Andrew Birch, CEO of OpenSolar, said that providing contractors with free access to world-class software and imagery is accelerating the shift to low-cost clean energy. He noted that OpenSolar has supportedsix million solar system designs, generating AU$10 billion in solar sales since its inception.
The platform uses Google’s Solar API, offering installers a platform to design precise services for its customers, including tools for sales proposals, project management, payments, finance, and inventory management.
Birch added that the platform’s AI tools aim to further boost solar growth, lower delivery costs, and help achieve a target of 50% solar penetration in global energy by 2035.
In February, US residential PV company Sunnova partnered with OpenSolar, making its AI-powered design software available through Sunnova’s Catalyst dealer platform.
Speaking to PV Tech Premium, Jake Wachman, Sunnova’s senior VP of technology and software engineering said that integrating OpenSolar’s sophisticated AI engine, known for producing top-tier automated designs, directly into their Catalyst platform enhances its capabilities.
