IPS Solar

Minneapolis, United States Founded: 1991 • Age: 35 yrs Acquired By New Energy Equity
Solar power system developer
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About IPS Solar

IPS Solar is a company based in Minneapolis (United States) founded in 1991 by Ralph Jacobson was acquired by New Energy Equity in March 2022.. IPS Solar offers products and services including Solar Project Development and Solar Project Financing. IPS Solar operates in a competitive market with competitors including Enel X, Origis Energy, Hillman Group, Borrego Solar and REC Solar, among others.

  • Headquarter Minneapolis, United States
  • Founders Ralph Jacobson
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name New Energy Equity, Llc
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    New Energy Equity

    (Mar 03, 2022)

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Products & Services of IPS Solar

IPS Solar offers a comprehensive portfolio of products and services, including Solar Project Development and Solar Project Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers comprehensive development and management of solar farms for partners.

Provides funding and financial arrangements for solar energy initiatives.

People of IPS Solar
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Mike Kampmeyer
VP, Business Development
People
Patrick Wier
VP, Business Development
People
Kim Bloom
Accounting & HR Director
People
Kyle Wehnes
Marketing Director

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Funding Insights of IPS Solar

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in IPS Solar

IPS Solar has secured backing from 1 investor. Prominent investors backing the company include New Energy Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Solar energy projects are developed in the United States.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by IPS Solar

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - IPS Solar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ips Solar Comparisons

Employees
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Competitors of IPS Solar

IPS Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Origis Energy, Hillman Group, Borrego Solar and REC Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Utility-scale renewable energy projects are developed by Enel X.
domain founded_year HQ Location
Utility-scale and commercial solar projects are developed worldwide.
domain founded_year HQ Location
Hardware and home improvement products are supplied to retail markets.
domain founded_year HQ Location
Solar EPC
domain founded_year HQ Location
Commercial solar projects are designed, installed, and financed.
domain founded_year HQ Location
Solar projects are designed, procured, constructed, operated, and maintained.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ips Solar

Frequently Asked Questions about IPS Solar

When was IPS Solar founded?

IPS Solar was founded in 1991.

Where is IPS Solar located?

IPS Solar is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Who is the current CEO of IPS Solar?

Ralph Jacobson is the current CEO of IPS Solar. They have also founded this company.

What does IPS Solar do?

IPS Solar is a solar power system developer for commercial, community solar, and residential clients. Claims to have completed 30 MW of solar projects with 24MW of additional under construction projects as of Feb18. Projects portfolio includes 5MW of Eichtens Hidden acres in Center City, Minnesota; 6.12MW of Red Wing community garden solar project in Minnesota and 6MW St. Cloud area solar garden in Minnesota.

Who are the top competitors of IPS Solar?

IPS Solar's top competitors include Enel X, Origis Energy and Hillman Group.

What products or services does IPS Solar offer?

IPS Solar offers Solar Project Development and Solar Project Financing.

Who are IPS Solar's investors?

IPS Solar has 1 investor. Key investors include New Energy Equity.

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