Terabase Energy, a pioneering company in digital and automation solutions for utility-scale solar projects, has successfully raised $130 million in Series C funding.
Led by SoftBank Vision Fund 2, this latest investment brings Terabase’s total funding to over $200 million—a testament to the growing demand for more efficient and cost-effective renewable energy solutions.
With power consumption soaring due to the rise of AI data centers and industrial expansion, Terabase is well-positioned to transform how large-scale solar plants are built and deployed.
💡 Key Highlights of the Funding
- Major Investor Backing – The funding round was led by SoftBank Vision Fund 2, a firm known for supporting cutting-edge technology and infrastructure projects. Additional backing comes from a mix of new and existing strategic investors who recognize the potential of Terabase’s technology to redefine the solar energy sector.
- Scaling a Proven Innovation – Terabase’s proprietary Terafab™ robotics-assisted assembly system is set to increase installation speed, reduce costs, and enhance worker safety in the solar construction process.
- Addressing Growing Energy Needs – With power demand reaching unprecedented levels, particularly from AI-driven data centers and large industrial facilities, Terabase’s solutions provide a scalable, sustainable, and cost-effective alternative to traditional energy sources.
⚡ Revolutionizing Solar Plant Construction
Terabase is leveraging robotics, artificial intelligence (AI), and a fully digitalized ecosystem to transform the way utility-scale solar projects are designed, built, and managed. The company’s Terafab™ system is a game-changer for the industry.
🔧 How Terafab™ Works
Terafab™ is a robotics-assisted assembly system designed to streamline the installation of solar panels at large-scale projects. The system offers several advantages over traditional construction methods:
- Doubles Installation Productivity – By automating key aspects of the assembly process, Terafab™ significantly reduces the time required to build large solar plants.
- Improves Build Quality – Automation ensures precision and consistency, eliminating common human errors in panel alignment and fastening.
- Enhances Worker Safety – By removing the need for manual lifting of heavy solar panels and structural components, Terafab™ reduces physical strain and workplace injuries.
- Scalable for the Future – With 40 megawatts already installed across multiple commercial projects in the U.S., Terafab™ is now gearing up for hundreds of megawatts of deployment through 2026.
🌍 Why This Matters in the Energy Transition
The world is moving rapidly towards clean energy, and Terabase’s innovations come at a crucial time. Here’s why this investment is so significant:
📈 Faster & Safer Solar Deployment
The demand for large-scale solar power plants is growing faster than ever, and traditional construction methods are struggling to keep up.
Terabase’s automated and AI-driven approach allows projects to be completed more efficiently and with fewer resources.
⚡ Round-the-Clock Renewable Energy
One of the main challenges for solar power has been energy storage and reliability. However, recent breakthroughs in battery storage technology are making 24/7 solar power a reality.
With improved storage capabilities, Terabase’s solar projects can provide stable, cost-effective electricity at all hours.
🏭 Supporting Domestic Manufacturing & Energy Independence
As countries push for energy independence and the onshoring of manufacturing, large-scale solar presents the most affordable and scalable solution. Terabase’s approach helps meet these goals by ensuring faster, more efficient deployment of solar energy at a lower cost.
🚀 What’s Next for Terabase?
With this new investment, Terabase is poised for rapid expansion, scaling its technology and manufacturing capabilities to support the next generation of solar projects worldwide.
The company is also continuing to support engineering, procurement, and construction (EPC) firms with advanced digital tools, including:
🛠 PlantPredict – A powerful solar modeling software that enables precise forecasting of energy output, helping developers optimize plant designs and maximize efficiency.
📊 Construct – A construction management platform that has already supported over 12 gigawatts of solar projects, ensuring seamless project execution and operational efficiency.
