Ampt Secures $15M in Funding

Ampt LLC, a Fort Collins, Colo.-based developer of power conversion technology for solar power plant optimization, raised an additional $15m in funding.

Backers included strategic investor and founder of Ampt, Doug Schatz, and Bohemian Investments.

The company, which has raised over $50m in total funding, intends to use the funds to expand its product portfolio and accelerate global growth, especially sales and partnership activities for repowering legacy PV plants in Europe, Japan and North America.

Led by Levent Gun, CEO, Ampt delivers innovative power conversion technology and communications capabilities that improve the way PV systems are designed. With installations and experience serving markets around the world, the company is also developing tier-one relationships with EPC and O&M providers and inverter companies that are also serving the repowering market.



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