AORA Solar

Company Overview

Snapshot

Founded in January 2008, AORA Solar operates with 11–50 employees. The company has raised $18 million across two funding rounds, with EZKlein Partners as an investor. AORA Solar focuses on developing solar-hybrid systems for uninterrupted green power, exemplified by its collaboration with Arizona State University in March 2014 to advance its Solar Tulip technology.

Business overview

AORA Solar specializes in high-temperature, concentrated solar power technologies, providing solar-hybrid systems that deliver uninterrupted, green power to both grid-based and off-grid locations. Its core product, the Tulip solar-hybrid system, integrates a gas turbine capable of operating on various alternative fuels when sunlight is unavailable, ensuring a continuous utility-grade power flow. The company serves markets in Spain, the United States, and Ethiopia, operating within the Energy Tech sector, specifically focusing on renewable energy systems and solar solutions for energy, utilities, and waste management.

Strategic signal

In October 2015, AORA Solar announced plans to deploy its Tulip solar-hybrid system in Ethiopia for solar power generation. This initiative signals the company's strategic focus on expanding its renewable energy solutions into emerging markets, demonstrating the scalability and global applicability of its technology for sustainable power infrastructure development.

Company Intelligence Q&A

What is AORA Solar's primary technology?

AORA Solar's primary technology is the Tulip solar-hybrid system, which combines concentrated solar power with a gas turbine that can run on alternative fuels to provide uninterrupted green power.

When was AORA Solar founded?

AORA Solar was founded in January 2008.

What was a key collaboration for AORA Solar's technology development?

In March 2014, AORA Solar teamed up with Arizona State University to advance its Solar Tulip technology.

Which markets does AORA Solar target for its solutions?

AORA Solar targets geomarkets including Spain, the United States, and Ethiopia for its solar power generation solutions.

What was a significant international development for AORA Solar?

In October 2015, AORA Solar announced plans for its Tulip system to be deployed in Ethiopia for solar power generation.