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Empower Micro Systems
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Short description

Developer of module-level inversion product for solar improving reliability and energy yield while reducing costs

Founded in 2011
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters San Francisco, CA San Francisco, United States
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Updated by Jon Bonanno at Empower Micro Systems on 07/12/2015

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Date Company
Partnerships
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Date Partner Type
05/17/2012
InnoSpring InnoSpring
InnoSpring helped the Empower Micro Systems set up meetings with 22 China-based venture capital firms in preparation for a trip to Shanghai in May.
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Confirmed by InnoSpring
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Investment Rounds
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IPO INFORMATION

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Initial shares

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Exchange listed

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Description

Date Investors Type Amount
05/20/2014 (0)
Post-money valuation of
This financing round was disclosed via a regulatory filing
Structured Debt $19,266
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Products
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Product image Name Product status Revenue model Cost metrics

Universal Micro Inverter

Empower's technology, as compared to a string inverter, is 5 X more reliable, >5% additional electrical yield and 20% lower system cost.

Pilot/Early Revenue Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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