Solar panels micro-inverter manufacturer SolarBridge Technologies announced nowadays that it has raised $19 million in its third round of funding.

Solar panel micro-inverters transform a direct latest generated by the photovoltaic cell on the panel into an alternating latest. The alternating present is fed into a energy grid, which can’t accept a direct existing. Micro-inverters are built into a single solar panel rather than an array of solar panels. Therefore, the total electrical output of a solar array will not suffer when a single solar panel is damaged or in the shade.

The micro-inverters last around 25 years, in comparison with centralized power inverters that generally last close to a decade. SolarBridge also includes a 25-year warranty on its micro-inverters.

SolarBridge will use the new funding to increase production capacity of its micro-inverter making plants and enhance the size from the company’s investigation and improvement teams, the company mentioned.The Austin, Tex.-based business was founded in 2004. The company was supposed to become lucrative soon after its last round of funding closed in 2010, as outlined by Greentech Media’s interview with CEO Ron Van Dell. The company has 75 staff.

The micro-inverter manufacturer previously raised about $12 million in October 2007 and $15 million in its most latest round closed in April final year. One of the most recent round was led by Rho Ventures existing backer Battery Ventures. The organization has raised a total of $46 million.

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