Erthos, a Tempe, AZ-based utility-scale solar company, raised additional $24M in in Equity funding.
The round, announced on September, 11, 2023, was led by Capricorn’s Technology Impact Funds.
The company intends to use the funds to accelerate its growth, addressing the surge in demand and supporting upcoming large-scale projects.
Led by Charles Pimentel, President and CCO, Erthos offers solutions designed to reduce the levelized cost of energy (LCOE) for utility-scale solar power plants.
Recently, the company acquired a 34-MW project portfolio spanning five US states, introduced an investment-grade performance guarantee for Earth Mount Solar® PV systems, and secured a contract for a 180-MW project in Mississippi.
FinSMEs
09/10/2023