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SV Solar
Rapidly growing company and they look forward to establishing key relationships in solar industry
About SV Solar
SV Solar, founded in 2006 by Patrick Callinan in Santa Clara, United States, operates in the solar energy sector with a focus on sustainable practices. The company is involved in recycling and repurposing solar panels and inverters to minimize electronic waste within the industry. In Australia, SV Solar functions as the exclusive distributor for the Italian solar panel manufacturer, FuturaSun.
The company's business activities extend to both residential and commercial clients, offering solar installation projects. Since its team's experience dates back to 1999, SV Solar has completed a variety of projects, including residential rooftop installations, commercial solar for businesses, and large-scale utility installations. The company has also been involved in rural development solar projects in international locations such as Nepal, India, and Singapore. To facilitate the adoption of solar energy, SV Solar provides financing options for its customers, working with partners to offer loans for solar installations.
SV Solar's product offerings center around high-quality Italian solar panels that have undergone rigorous testing to meet both Australian and international industry standards. A key feature of their offering is the inclusion of a third-party liability insurance cover from Lloyd's International on every solar panel installed, which covers potential damages or fire. This insurance is presented as a distinct benefit, as no other solar panel manufacturer in Australia is said to offer it. The company also provides a 15-year product warranty and a 25-year performance warranty on its solar panels. In addition to panels, the company emphasizes the importance of quality inverters and other system components to ensure the long-term health of the solar energy system. All installations are carried out by CEC accredited local installers.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Jun 2007 | $10M | $41M | Bessemer Venture Partners | — |
Growth signals
SV Solar's team grew 0% over the past year.
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Series A1 investor entered at this stage
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