Optivolt

Solar technology company Optivolt has secured $32 million in funding to advance its solar panel intelligence technology, according to industry outlet Solar Builder. The round supports the company's work on electronics that help solar panels adapt and perform in partially shaded or variable light conditions, a persistent efficiency problem in the sector. The announcement is drawing attention within the clean energy and hardware investment communities.

Solar technology company Optivolt has raised USD 32 million to scale up deliveries of its smart solar panel technology. The funding will support the rollout of the company's power-electronics enabled solar products, which aim to improve energy harvest and reliability compared with conventional panels. The round draws attention in the renewables sector as investors continue backing hardware startups improving solar efficiency.