Ecoppia

Company Overview

Snapshot

Founded in January 2013, Ecoppia operates with 51–200 employees and has raised a total of $135M across 3 funding rounds from 5 investors. The company was acquired by ECO-OPS in March 2024.

Business overview

Ecoppia provides robotic cleaning solutions for photovoltaic panels, ensuring they maintain peak performance year-round. The company's core technology involves water-free, fully automated robotic systems that utilize advanced business intelligence to prevent soiling losses and potential damage. These solutions are managed remotely, enabling utility-scale solar sites to achieve optimal performance with minimal human intervention and a lower levelized cost of energy. Ecoppia serves the solar energy industry, operating within the Energy Tech sector and focusing on clean energy generation and renewable energy systems.

Strategic signal

In March 2024, Ecoppia was acquired by ECO-OPS. This acquisition signals a significant strategic shift for the company, integrating its robotic solar cleaning technology into a broader operational framework and potentially expanding its market reach and solution deployment under new ownership.

Company Intelligence Q&A

What was a significant corporate event for Ecoppia?

In March 2024, Ecoppia was acquired by ECO-OPS for NIS 18 million, following its NIS 1.3 billion TASE IPO.

When did Ecoppia go public?

Ecoppia announced its IPO after successfully completing its public tender phase in December 2020, listing on the TASE.

Did Ecoppia receive any strategic investments?

In July 2020, Ecoppia announced a strategic investment from US-based CIM Group.

What was a notable product award received by Ecoppia?

In July 2022, Ecoppia’s H4 Robotic Solar PV Cleaner was awarded Top Product of the Year by the Environment + Energy Leader Awards.

Has Ecoppia expanded its global presence recently?

In March 2023, Ecoppia expanded its global presence with four new projects in Spain and Chile with Matrix Renewables.