Planted Solar, a company specializing in rapid solar deployment technology, has unveiled itself from stealth mode with the conclusion of a $20 million funding round and an 11-MW partnership alongside US distributed solar and storage developer Cultivate Power.
Headquartered in Oakland, California, Planted Solar utilizes advanced development software and construction robots to design and construct flexible, all-terrain, and high-density solar power plants.
The company has initiated a collaboration with Cultivate Power to implement 11 MW of community solar projects in the Chicago area. According to a press release, this partnership aims to “minimize project footprint, unlock previously inaccessible financial value, and streamline construction complexities.”
Regarding the company's strategic goals, a spokesperson for Planted Solar stated: “Our innovative approach to solar deployment is set to revolutionize the industry by enhancing efficiency and sustainability.”
In addition to the partnership announcement, Planted Solar confirmed the successful closure of a Series A funding round, bolstered by investments from Breakthrough Energy Ventures (BEV) and Khosla Ventures. This funding, combined with a recent $1.6 million award from the US Department of Energy Solar Energy Technologies Office (SETO), will facilitate the company's commercial launch and scale-up of its solar deployment solutions.
The emergence of Planted Solar marks a significant advancement in renewable energy technology, promising to accelerate the adoption of solar power through innovative engineering and strategic partnerships.
