terabase energy

As solar becomes more sophisticated, the industry is leaning on more advanced software and AI to determine the best sites and optimum system designs. Molly Lempriere explores the role AI and other advanced techniques are playing in solar development.

US-based start-up Terabase Energy has secured US$44 million in a Series B fundraising round co-led by Bill Gates’ Breakthrough Energy Ventures and venture capital firm Prelude Ventures among others to drive the commercialisation of  its automated solar park construction technology.

US ‘Solar Module Super League’ (SMSL) member First Solar has sold a predictive energy modelling tool called PlantPredict to solar digital solutions start-up Terabase Energy for an undisclosed amount

Solar start-up Terabase Energy has closed a US$6 million Series A financing round, unveiling an aim to help drive down solar generation costs to below US$0.01/kWh by 2025.