Solcast

Sydney, Australia Founded: 2016 • Age: 10 yrs Acquired By DNV
Solar forecasting APIs are provided by Solcast using satellite data.
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About Solcast

Solcast is a company based in Sydney (Australia) founded in 2016 was acquired by DNV in February 2023.. Solcast offers products and services including Solar API and Historical and TMY Data. Solcast operates in a competitive market with competitors including Terabase, Reuniwatt, Charge Robotics, Enfor and SteadySun, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Technology
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Technology → Geospatial, Imaging & Sensing Technology
Technology → Cloud, Data & Analytics Infrastructure
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    DNV

    (Feb 01, 2023)

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Products & Services of Solcast

Solcast offers a comprehensive portfolio of products and services, including Solar API and Historical and TMY Data. 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

API for accessing solar irradiance and forecast data globally.

Provides historical solar data for resource assessment and modeling.

People of Solcast
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Alex Jarkey
Chief Technology Officer
People
James Luffman
Co-Founder & CEO
People
Ben King
Chief Commercial Officer (CCO)
People
Natasha Morgan
Commercial Director

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Funding Insights of Solcast

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 Solcast

Solcast has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include DNV. 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
Venture Fund
Investor Description Founded Year Domain Location
Offshore classification, training, advisory, and analytics services are provided.
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 Solcast

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 - Solcast

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

Solcast Comparisons

Employees
+
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Competitors of Solcast

Solcast 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 Terabase, Reuniwatt, Charge Robotics, Enfor and SteadySun, 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
Web-based platform for solar power plant optimization is developed.
domain founded_year HQ Location
Solar photovoltaic power production forecasting is specialized in by Reuniwatt.
domain founded_year HQ Location
Robots for solar farm construction are manufactured.
domain founded_year HQ Location
Renewable energy forecasting solutions are developed for the energy sector.
domain founded_year HQ Location
Weather forecasting solutions for solar energy generation are provided.
domain founded_year HQ Location
Solar energy forecasting is delivered via AI and SaaS platform.
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 Solcast

Frequently Asked Questions about Solcast

When was Solcast founded?

Solcast was founded in 2016.

Where is Solcast located?

Solcast is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

What does Solcast do?

Solcast was founded in 2016 in Sydney, Australia, and operates in the renewable energy sector. APIs for solar forecasting are offered, covering products such as solar radiation estimates, rooftop PV predictions, grid aggregation, historical time series, and utility-scale wind forecasts. Data is collected from satellite imagery and actual PV measurements, with updates occurring every 5 to 15 minutes.

Who are the top competitors of Solcast?

Solcast's top competitors include Terabase, Charge Robotics and Reuniwatt.

What products or services does Solcast offer?

Solcast offers Solar API and Historical and TMY Data.

Who are Solcast's investors?

Solcast has 1 investor. Key investors include DNV.

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