SolarBridge Technologies, the leading developer of module-integrated microinverter solutions that reduce the Levelized Cost of Energy (LCOE) in solar installations, announced that it has secured $15 million in series B funding. The company has raised more than $27 million to date. Rho Ventures, a new investor in the company, led the financing round. Battery Ventures, which led series A funding, also participated in series B. The funds will enable SolarBridge to finalize testing and certification, [...]

SolarBridge Technologies announced that it has been awarded $1.5 million from the State of Texas through the Texas Emerging Technology Fund (TETF) for the development of its module‐integrated microinverter and management system. SolarBridge will use these funds to accelerate product development as the company prepares for the 2010 launch of the SolarBridge Microinverter, a critical component in an integral, alternating current photovoltaic (ACPV) solution. For years, solar companies have been working to reduce the Levelized [...]