AORA Solar

High-temperature, Concentrated Solar Power Technologies

Energy Tech
Non Active, Dec 2016

Company Overview

Snapshot

Founded in January 2008, AORA Solar is a Non-Active company with 11–50 employees. The company has raised $18M across two funding rounds from EZKlein Partners. AORA Solar has focused on developing its solar-hybrid system, with a notable collaboration with Arizona State University on its Solar Tulip technology in March 2014.

Business overview

AORA Solar develops high-temperature, concentrated solar power technologies within the Energy Tech sector. Its core product, the Tulip solar-hybrid system, provides uninterrupted green power for both grid-based and off-grid locations. This system integrates a gas turbine capable of operating on various alternative fuels when solar energy is unavailable, ensuring continuous utility-grade power. AORA Solar's technology is designed to minimize environmental impact, requiring minimal water and land for power generation, and serves markets in Spain, the United States, and Ethiopia.

Strategic signal

In October 2015, AORA Solar's Tulip technology was highlighted for its potential deployment in Ethiopia for solar power generation. This signals the company's focus on international market expansion and the application of its hybrid solar solutions in regions with significant renewable energy needs, demonstrating the global relevance and adaptability of its technology to investors and innovation teams.

Company Intelligence Q&A

What is AORA Solar's primary technology?
AORA Solar's primary technology is its Tulip solar-hybrid system, which provides uninterrupted green power by combining solar energy with a gas turbine that can run on alternative fuels.
When was AORA Solar founded?
AORA Solar was founded in January 2008.
What was a significant partnership for AORA Solar?
In March 2014, AORA Solar teamed up with Arizona State University to further develop its Solar Tulip technology.
Which countries are key markets for AORA Solar?
AORA Solar operates in key markets including Spain, the United States, and Ethiopia.
What was a notable development regarding AORA Solar's technology in Ethiopia?
In October 2015, news highlighted the potential for AORA Solar's Tulip technology to be deployed in Ethiopia for solar power generation.

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