Terabase Energy raises funding to break the $0.01/kWh utility-scale solar barrier with software

by 
Website Editor

Terabase Energy is on a mission to drive down utility-scale solar power prices to below $0.01 per kWh by 2025. Using its software, automation and “digital-twin” modeling, the new company aims to modernize solar power-plant optimization.

Terabase is no stranger to world-record low, utility-scale solar pricing — the startup recently provided digital and engineering services for the 800-MW Siraj-1 solar power plant in Qatar which will sell power for $0.01449/kWh.

Matt Campbell, the company CEO, told pv magazine that while solar hardware has gotten cheaper — soft costs have been stubborn and a more significant piece of the total project cost (a similar situation to the residential and commercial solar segments.)

Read full article at PV Magazine website

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