Non-battery solar container investments by softbank

Why is Softbank Vision Fund investing in solar power plants?

These solutions reduce costs and construction timelines for solar power plants, an urgent need as power demand grows. “SoftBank Vision Fund’s investment reflects our shared commitment to leveraging advanced technology to drive the future of renewable energy,” said Matt Campbell, CEO of Terabase.

What will SB Energy do with Ares & SoftBank?

“With the support of both Ares and SoftBank, SB Energy will rapidly scale our strategic platform in renewable energy, storage, and new digital products as a developer, owner, and operator of the next generation of climate infrastructure and technology, ” said Rich Hossfeld, co-CEO at SB Energy.

What is Softbank Vision Fund 2?

$130 million funding led by SoftBank Vision Fund 2 boosts total investment beyond $200 million. Advanced robotics and AI platform significantly reduce solar plant construction costs and timelines. Funding supports rapid scale-up of automated Terafab™ assembly line, enhancing productivity and safety.

Will SoftBank achieve 'net zero' by 2050?

SoftBank is working to achieve “Net zero” to reduce GHG emissions (Scope 1, 2, and 3) from the entire supply chain to zero by 2050.

How much money did terabase energy get from Softbank Vision Fund 2?

Terabase Energy secured a $130 million Series C funding round led by SoftBank Vision Fund 2, joined by strategic investors.

Why did SoftBank invest in terabase?

“ SoftBank Vision Fund’s investment reflects our shared commitment to leveraging advanced technology to drive the future of renewable energy, ” said Matt Campbell, CEO of Terabase. “ This funding validates our mission and provides the resources to scale our platform, paving the way for the terawatt era of solar.”