Terabase closes $44m funding round with Bill Gates platform BEV

By Renewable Energy World Terabase Energy announced a $44 million Series B financing co-led by the Bill Gates platform Breakthrough Energy Ventures and Prelude Ventures with additional participation by SJF Ventures and other existing investors.

The round brings Terabase’s funding to $52 million and is expected to be used to further develop the company’s digital and robotic automation platform for utility-scale PV power plants.

Terabase said its automated field-factory is capable of 24/7 operations and can “significantly compress construction schedules” and reduce costs while “ensuring higher build quality.” The company said it aims to drive down solar power prices below $0.01 per kWh by

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