LOADING

Type to search

Terabase Secures $130M From SoftBank to Scale Robotics and AI for Utility-Scale Solar

Terabase Secures $130M From SoftBank to Scale Robotics and AI for Utility-Scale Solar

Terabase Secures $130M From SoftBank to Scale Robotics and AI for Utility-Scale Solar
  • $130 million funding led by SoftBank Vision Fund 2 boosts total investment beyond $200 million.
  • Advanced robotics and AI platform significantly reduce solar plant construction costs and timelines.
  • Funding supports rapid scale-up of automated Terafab™ assembly line, enhancing productivity and safety.

Terabase Energy, a pioneer in digital and automation technologies for utility-scale solar, secured a $130 million Series C funding round led by SoftBank Vision Fund 2, joined by strategic investors.

This investment supports Terabase’s drive to expedite the rollout of large-scale solar projects amid rising global energy demand.

SoftBank Vision Fund’s investment reflects our shared commitment to leveraging advanced technology to drive the future of renewable energy,” said Matt Campbell, CEO of Terabase.This funding validates our mission and provides the resources to scale our platform, paving the way for the terawatt era of solar.”

Matt Campbell, CEO of Terabase

Terabase’s groundbreaking Terafab™ platform integrates robotics, AI, and digital technologies. Having successfully installed 40 megawatts of capacity across U.S. commercial projects, the next-generation Terafab™ aims to deploy hundreds of megawatts by 2026, doubling productivity and eliminating heavy manual labor.

RELATED ARTICLE: Duke Energy Unveils Kentucky’s Largest Utility-Scale Rooftop Solar Site at Amazon Air Hub

The surge in energy demand, particularly from AI data centers, underscores the urgency of scalable, sustainable solutions,” noted Kentaro Matsui, Managing Partner at SoftBank Global Advisers. Terabase’s innovative approach to digitalizing and automating solar power plant deployment positions it as a leader in this transition. We’re pleased to support this vision as Terabase redefines how the world builds renewable energy infrastructure.”

Kentaro Matsui, Managing Partner at SoftBank Global Advisers

With improved economics of battery storage making solar viable 24/7, and surging data center energy needs, utility-scale solar is now the fastest and most cost-effective new power generation method.

Terabase’s solutions, including Terafab™, PlantPredict solar modeling software, and the Construct project management platform, have already facilitated over 12 gigawatts of projects.

This latest funding positions Terabase to accelerate deployment at scale, transforming the construction and operation of utility-scale solar power worldwide.

Follow ESG News on LinkedIn

Topics

Related Articles

LOADING

Type to search

Blog

Microsoft Partners with Stegra to Accelerate Market for Near-Zero Emission Steel
China Sets First Absolute Emissions Cut Target for 2035, Falling Short of Paris Path
statistical process control (SPC)
BRB Finance Coalition Secures $4.5B for Brazil’s Forests, Bioeconomy Ahead of COP30
Barclays Strikes First Major Carbon Removal Deal with UNDO in Canada
Apple Expands Nature-Based Climate Investments with California Redwood Forest Project
Microsoft Invests in Fortera to Scale Low-Carbon Cement Production
Masdar’s WiSER Opens 2026 Applications to Advance Global Women Leaders in Sustainability
IIberdrola Invests $1.08M in TRIBBU to Scale Sustainable Urban Mobility in Spain
TotalEnergies to Lead France's Largest Renewable Energy Project
Schneider Electric Expands Global Supply Chain Decarbonization Programs with New Tools and Industry Partnerships
La Caisse to Acquire Australia’s Edify Energy in $1.1 Billion Clean Power Deal
Governments and Industry Leaders Commit to Accelerating Renewable Energy Abundance at Climate Week NYC
UN Climate Chief Calls for Acceleration Ahead of COP30
Singapore to Contract High-Quality Nature-Based Carbon Credits from Four Projects in Ghana, Peru, and Paraguay
PRI, Wharton Launch Global Program on Responsible Investment Leadership
Eni Expands Partnership with CFS in $1 Billion Fusion Power Agreement
Nonprofit Cool Effect to Launch $1,000,000 Award to Accelerate Carbon Project Development
IKEA U.S. Launches Food Waste-to-Energy Program with Vanguard Renewables
Mercedes-Benz, UKA Secure Approval for 140 MW Wind Farm in Northern Germany
","session_id":"ep-sess-1762112750-DDxVrxlL","page_url":"https:\/\/esgnews.com\/terabase-secures-130m-from-softbank-to-scale-robotics-and-ai-for-utility-scale-solar\/","post_id":"34578","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */