Ampt secures $15M in solar funding

Written By: Katherine Demetre
September 11, 2017

Ampt funding

On Sept. 11, 2017, Ampt LLC announced an additional $15 million in funding. The funds come from strategic investor and founder of Ampt, Doug Schatz, and Bohemian Investments which brings their total investment to over $50 million.

According to the company, the funding would be used to expand the company’s product portfolio and accelerate global growth, especially sales and partnership activities for repowering legacy PV plants in Europe, Japan and North America.

Mr. Schatz commented:

Our large systems exceed expectations. The combination of strong IP and market leadership in optimizing utility scale systems has translated into sales momentum and scale in key target markets.