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Xfloat logo — A New Standard in Floating Solar Performance and Reliability...

Xfloat

A New Standard in Floating Solar Performance and Reliability.

Founded 2018 Israel Israel 16 employees Manufacturing, Renewable Energy +1

General Information

Company Name Xfloat
Founded Year 2018
Location Israel Israel
Employees 16
Industries Manufacturing, Renewable Energy, Semiconductor
Social

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About Xfloat

Xfloat is a pioneering company in the renewable energy industry, offering a new standard in floating solar performance and reliability. Founded in 2018 in Israel, the company has garnered attention with its proprietary FPV mounting and tracking systems that aim to revolutionize the efficiency and durability of floating PV arrays. With the recent Funding Round investment at 01 October 2023 led by E44 Ventures, Xfloat has further solidified its position in the market. The company's slogan, "A New Standard in Floating Solar Performance and Reliability," aligns with its mission to elevate the efficiency of floating PV solutions to compete with ground-based PV facilities. Xfloat's system boasts deep innovation, precision engineering, and the integration of design and engineering advancements throughout the array, including the first true water-based tracking (HSAT) system. This has enabled the generation of up to 28% more efficient yield than other FPV systems with the same power rating, showcasing the company's commitment to delivering unprecedented yield and lower LCOE. Xfloat's emphasis on durability and simplicity is evident in its pioneering mounting and buoyancy structure, which mitigates the effects of wind and waves on the PV array, leading to enhanced long-term durability crucial for operators and investors. The diverse team of engineers, data experts, logistics professionals, and solar executives at Xfloat brings decades of rare operational expertise in solving engineering challenges in difficult aquatic environments. With its innovative technology and recent investment, Xfloat is poised to make a significant impact in the renewable energy and semiconductor industries. The company's focus on efficiency, durability, and operational expertise positions it as a promising venture for potential investors seeking opportunities in the evolving renewable energy landscape. #solarenergy #solarpanels

Business keywords: floating solar, solar tracking system, solar engineering, solar technology, PV array, reliability engineering, energy production, sustainable energy, engineering innovations, renewable energy solutions, logistics optimization, solar industry expertise, solar panel technology

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Funding Round Undisclosed 1
E44 Ventures
01 Oct 2023
Corporate Round Undisclosed 1
Miya
13 Feb 2023

Xfloat Alternatives & Competitors

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FAQ About Xfloat

A New Standard in Floating Solar Performance and Reliability.
Xfloat was founded in 2018.
Xfloat is headquartered in Israel.
Xfloat operates in Manufacturing, Renewable Energy and Semiconductor. Its work centres on floating solar, solar tracking system, solar engineering and solar technology.
Xfloat has approximately 16 employees.
Xfloat has completed 2 funding rounds.
Top alternatives and competitors to Xfloat include Sulas Industries Inc., Aurora Energy, Inc., Verde Technologies Inc., Magstrom, Energy Service Partners. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Xfloat and Sulas Industries Inc. 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 Xfloat, https://bouncewatch.com/company/xfloat, updated 24 December 2024. When citing, please name BounceWatch and link this page.

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