Xfloat is working to improve the efficiency and cost-effectiveness of floating solar projects with a water management system that controls solar panel tilting and tracking through water loads and pumps. This system combines sensor data with machine learning for enhanced photovoltaic performance and maintenance planning. A key feature is its buoyancy tanks, which adjust PV panel rotation without the need for motors or hydraulics, utilizing a hydrostatic positioning mechanism. This approach aims to generate electricity for various users, including industrial plants and private consumers, effectively utilizing solar energy on water surfaces.
Cumulative Funding Raised Over Time ($)
Employees Over Time
Xfloat Climate Tech relevance
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Oct 12, 2023
cleantechnica.com
Floating Solar Poised For World Domination, With Tracking
#Investment #Partners
Sep 13, 2023
www.pv-magazine.com
Teralight complete Israel's largest floating PV project
#Investment #Partners
Sep 10, 2023
finance.walla.co.il
שמש מעל המים: פרויקט סולארי ענק צף בחוף הכרמל - וואלה! כסף
#Investment #Partners
Feb 16, 2023
www.pv-tech.org
Spanish water company Miya buys stake in floating PV tech developer Xfloat
#Acquisition, Expand
May 23, 2022
nocamels.com
Israel Tests AI-Powered Floating Solar Panels To Generate Clean Energy