SolarReserve

Los Angeles, United States Founded: 2007 • Age: 19 yrs
Functions as an independent producer of solar power.

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
  • Sectors
    Energy & Utilities
  • Website solarreserve.com
  • Social X Facebook
  • Legal Name Solarreserve, Llc.
Key Metrics
  • Total Equity Funding
    $937.39M (USD)

    in 9 rounds

  • Latest Funding Round
    $2M (USD), Grant

    Jul 2017

  • Investors
  • Employee Count
    59

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2017$2MGrant––
Sep 2015$19.39MSeries C––
–
Sep 2015$2.37MGrant––
Nov 2012$586MSeries C–Kensani Capital
–
Oct 2012$5MSeries C––
–
Oct 2011$27MSeries C––
–
Oct 2011$140MSeries C––
–
Mar 2011$20MSeries C––
–
Sep 2008$140MSeries B–Good Energies
Valuation history

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Kensani Capital is recognized as a leading empowerment investor in infrastructure.
–kensanicapital.co.zaCape Town, South Africa
-
–usregroup.com-
Pacific Corporate Group is engaged in private equity investment advisory.
1979pcgfunds.comLa Jolla, United States
Nimes Capital is engaged in private investment across industries.
–nimescapital.com-
Energy sources and policies are managed by the DOE.
1977energy.gov-
Provides comprehensive financial services focused on solar energy solutions.
2001goodenergies.orgZug, Switzerland
Wealth management, asset management, and investment banking services are offered.
1856credit-suisse.comZurich, Switzerland
-
–citigroupai.com-
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Investor details for SolarReserve

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People of SolarReserve

6 people are tracked at SolarReserve (5 in leadership, 1 in team); the tracked headcount is 59.

NameRoleGroup
Mary Grikas
VP, Global CommunicationsLeadership
Tom Georgis
Chief Executive OfficerLeadership
William R. Gould
Chief Technology OfficerLeadership
Tim J. Connor
VP, Engineering & TechnologyLeadership
Sumeet Bidani
VP, Operations and Asset ManagementLeadership
Pauline Doohan
SVP and General CounselTeam
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Complete people profiles for SolarReserve

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Timeline of SolarReserve

3 dated milestones of SolarReserve across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded SolarReserve is founded.
  2. Funding First funding round of $140.0M.
  3. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
octopus.energy2015London, United Kingdom$2.81B8,177
Utility bill management platform is provided for tracking and billing.
nexteraenergy.com1925Juno Beach, United States–9,500
Developer of energy solutions
ccrenew.com2014Santa Monica, United States$200M294
Solar farms are owned, developed, and financed in the USA.
ameren.com1902St. Louis, United States–18,641
Provider of electricity and natural gas through solar energy
siliconranch.com2010Nashville, United States$2.39B115
developer of solar power projects
acciona-energia.com1997Madrid, Spain$567M–
Renewable energy is developed, constructed, and marketed globally.
renew.com2011Gurugram, India$2.04B4,019
Utility-scale renewable energy generation and decarbonization solutions are provided.
boralex.com1982Kingsey Falls, Canada––
Developer of renewable energy projects
solstice.us2016Boston, United States$7.42M–
Provider of Independent solar power
exeloncorp.com2000Chicago, United States–466
Electric and natural gas distribution services are provided.
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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
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Verified entity values are shown only after access is granted.

Web traffic of SolarReserve

Websites that share an audience with SolarReserve (solarreserve.com).

Similar websites

Websites whose visitors overlap most with SolarReserve. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
brightsourceenergy.com
100%
––View details
naturalpower.com
82%
7.5K#2,652,613View 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Solarreserve

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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..

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