
About SolarReserve
SolarReserve was an Energy & Utilities company based in Los Angeles (United States) founded in 2007. It operates as a functions as an independent producer of solar power. It operates on a B2B model. SolarReserve has raised $937.39 million across 9 funding rounds from investors including Credit Suisse, DOE and Kensani Capital. The company has 59 employees. The company is recorded as dissolved. Its focus areas include Energy, Renewable Energy, Solar Power and Power Production. Its legal entity is SolarReserve, LLC. Its competitors include Octopus Energy, NextEra Energy, Cypress Creek Renewables, Ameren and Silicon Ranch and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
SolarReserve, founded in 2007 in Los Angeles, United States, focuses on working in the energy sector, promoting renewable energy, solar power, and power production. Functions as an independent producer of solar power. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Los Angeles, United States
- Employees 59
- SectorsEnergy & Utilities
- Website solarreserve.com
- Social X Facebook
- Legal Name Solarreserve, Llc.
- Total Equity Funding$937.39M (USD)
in 9 rounds
- Latest Funding Round$2M (USD), Grant
Jul 2017
- InvestorsCredit Suisse
& 7 more
- Employee Count59
Funding Insights of SolarReserve
SolarReserve has successfully raised a total of $937.39M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $2 million completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $937.39M
- Total Rounds 9
- Last Round Grant β $2M
- First Round $140M
(Sep 2008)
- Investors Count 8
All 9 funding rounds of SolarReserve with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $2M | Grant | β | β | |
| Sep 2015 | $19.39M | Series C | β | β | β |
| Sep 2015 | $2.37M | Grant | β | β | |
| Nov 2012 | $586M | Series C | β | Kensani Capital | β |
| Oct 2012 | $5M | Series C | β | β | β |
| Oct 2011 | $27M | Series C | β | β | β |
| Oct 2011 | $140M | Series C | β | β | β |
| Mar 2011 | $20M | Series C | β | β | β |
| Sep 2008 | $140M | Series B | β | Good Energies |
8 investors in total: 8 institutional.
Investors in SolarReserve
SolarReserve has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Credit Suisse, DOE and Kensani Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Kensani Capital is recognized as a leading empowerment investor in infrastructure. | – | kensanicapital.co.za | Cape Town, South Africa | |
- | – | usregroup.com | - | |
Pacific Corporate Group is engaged in private equity investment advisory. | 1979 | pcgfunds.com | La Jolla, United States | |
Nimes Capital is engaged in private investment across industries. | – | nimescapital.com | - | |
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | - | |
Provides comprehensive financial services focused on solar energy solutions. | 2001 | goodenergies.org | Zug, Switzerland | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
- | – | citigroupai.com | - |
Investor details for SolarReserve
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SolarReserve
6 people are tracked at SolarReserve (5 in leadership, 1 in team); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
Mary Grikas | VP, Global Communications | Leadership |
Tom Georgis | Chief Executive Officer | Leadership |
William R. Gould | Chief Technology Officer | Leadership |
Tim J. Connor | VP, Engineering & Technology | Leadership |
Sumeet Bidani | VP, Operations and Asset Management | Leadership |
Pauline Doohan | SVP and General Counsel | Team |
Complete people profiles for SolarReserve
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SolarReserve
3 dated milestones of SolarReserve across 10 years, from founding to its latest funding, stage changes and deals.
- Founded SolarReserve is founded.
- Funding First funding round of $140.0M.
- Funding Latest funding round, Grant, of $2.0M.
Competitors of SolarReserve
SolarReserve has 10 listed competitors in our database, 6 of them funded. They include Octopus Energy, NextEra Energy, Cypress Creek Renewables, Ameren and Silicon Ranch, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| octopus.energy | 2015 | London, United Kingdom | $2.81B | 8,177 | Utility bill management platform is provided for tracking and billing. | |
| nexteraenergy.com | 1925 | Juno Beach, United States | – | 9,500 | Developer of energy solutions | |
| ccrenew.com | 2014 | Santa Monica, United States | $200M | 294 | Solar farms are owned, developed, and financed in the USA. | |
| ameren.com | 1902 | St. Louis, United States | – | 18,641 | Provider of electricity and natural gas through solar energy | |
| siliconranch.com | 2010 | Nashville, United States | $2.39B | 115 | developer of solar power projects | |
| acciona-energia.com | 1997 | Madrid, Spain | $567M | – | Renewable energy is developed, constructed, and marketed globally. | |
| renew.com | 2011 | Gurugram, India | $2.04B | 4,019 | Utility-scale renewable energy generation and decarbonization solutions are provided. | |
| boralex.com | 1982 | Kingsey Falls, Canada | – | – | Developer of renewable energy projects | |
| solstice.us | 2016 | Boston, United States | $7.42M | – | Provider of Independent solar power | |
| exeloncorp.com | 2000 | Chicago, United States | – | 466 | Electric and natural gas distribution services are provided. |
Detailed competitors of SolarReserve
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SolarReserve
Websites that share an audience with SolarReserve (solarreserve.com).
Websites whose visitors overlap most with SolarReserve. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| brightsourceenergy.com | 100% | – | – | View details | |
| naturalpower.com | 82% | 7.5K | #2,652,613 | View details | |
| gegroup.com | 75% | – | – | View details |
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as SolarReserve (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Solarreserve
Complete news archive for SolarReserve
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SolarReserve
SolarReserve was founded in 2007 and raised its 1st funding round 1 year after it was founded.
SolarReserve is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
SolarReserve is a funded company, having raised a total of $937.39M across 9 funding rounds to date. The company's 1st funding round was a Series B of $140M, raised on Sep 2008.
SolarReserve has 59 employees.
SolarReserve, founded in 2007 in Los Angeles, United States, focuses on working in the energy sector, promoting renewable energy, solar power, and power production. Functions as an independent producer of solar power. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
SolarReserve's top competitors include Octopus Energy, NextEra Energy and Solstice.
SolarReserve has 8 investors. Key investors include Credit Suisse, DOE, Kensani Capital, Good Energies, and US Renewables Group.
SolarReserve operates through Solarreserve, Llc..
