Solar MD manufactures Lithium-Ion Batteries and designs Hardware and Software for Energy management
Business Model:
Revenue: $58.8M
Employees: 51-200
Address: 7 Alternator Avenue
City: Cape Town
State: western cape
Zip: 7441
Country: ZA
Solar MD specializes in Lithium-Ion battery storage for residential, commercial and utility scale applications Our energy storage products are produced from the safest Lithium-Ion technology battery cells. These battery cells are based on the most advanced Lithium Iron Phosphate chemistry available. Solar MD designs the intelligent battery management system inhouse. This design allows cell level monitoring, protection and control. Major inverter brands are compatible with Solar MD systems. Our solutions are compatible with low voltage as well as high voltage power conversion systems. Off-grid solutions simultaneously combined with Wind, Solar or Diesel. Grid-connected for extended self-consumption, power outage protection, peak shaving or energy shifting. Solar MD energy storage solutions are explicitly manufactured in a state of the art modern technology factory in Cape Town, South Africa. Produced in Africa for Africa.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2022 | Debt Financing | $1.1M | 1/2017 | Debt Financing | $353.3k | 11/2020 | Debt Financing | $364.4k | 11/2021 | Debt Financing | $656.8k | 7/2022 | Debt Financing | $1.2M | 6/2020 | Debt Financing | $320k | 2/2016 | Debt Financing | $124.6k |
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