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SolarReserve logo — Harnessing the sun to provide clean, reliable energy, around...

SolarReserve

Harnessing the sun to provide clean, reliable energy, around the clock.

Founded 2007 Grant Total: $203.39M Energy, Renewable Energy

General Information

Company Name SolarReserve
Founded Year 2007
Founders / Decision Makers
Team member
Industries Energy, Renewable Energy
Funding Stage Grant
Social

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About SolarReserve

SolarReserve is a venture-backed renewable energy company founded in 2007 with a focus on advanced solar thermal storage technology. The company's slogan, "Harnessing the sun to provide clean, reliable energy, around the clock," underscores its commitment to addressing the scalability and storage challenges of renewable energy. Unlike other renewable technologies reliant on limited fuel sources, SolarReserve's power plants utilize the sun's heat, ensuring a consistent and dependable energy supply. This sets them apart from wind and photovoltaics, as their power plants can deliver electricity on demand, even during peak periods. In October 2018, the company secured a $2.00M grant investment from the US Department of Energy, underscoring its potential in the Energy and Renewable Energy industries.

Business keywords: solar thermal storage, utility-scale power, clean energy, reliable energy, renewable electricity generation, solar power technology, sustainable energy, renewable fuel sources, peak demand, solar energy innovation

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $2.00M 1
US Department of Energy
25 Oct 2018
Funding Round Undisclosed -
01 Dec 2016
Debt Financing $19.39M -
23 Sep 2015
Venture Round $27.00M -
24 Oct 2011
Venture Round $15.00M 4
Citigroup Credit Suisse
Citigroup, Credit Suisse +2
26 Aug 2011
Series B $140.00M 7
Citigroup Credit Suisse
Citigroup, Credit Suisse +5
16 Sep 2008

SolarReserve Alternatives & Competitors

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SolarReserve vs
Fourth Power
Fourth Power United States

Energy Storage that Grows with the Grid

Series A
35 employees
Energy, Renewable Energy
SolarReserve vs
Ice Energy
Ice Energy

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SolarReserve vs
Connected Energy
Connected Energy United Kingdom

A world-leading manufacturer of battery energy storage systems using second life EV batteries 🔋⚡

Venture round
45 employees
Energy, Renewable Energy
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FAQ About SolarReserve

Harnessing the sun to provide clean, reliable energy, around the clock.
SolarReserve was founded in 2007.
SolarReserve operates in Energy and Renewable Energy. Its work centres on solar thermal storage, utility-scale power, clean energy and reliable energy.
SolarReserve has completed 6 funding rounds, raising a total of $203.39M. The latest funding stage is Grant.
Top alternatives and competitors to SolarReserve include Fourth Power, Ice Energy, Connected Energy, LAVA, Candela Renewables, LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SolarReserve and Fourth Power are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SolarReserve, https://bouncewatch.com/company/solarreserve, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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