# groSolar

**Source:** https://www.startuphub.ai/startups/grosolar
**Profile type:** Startup

> groSolar was a leading US solar energy company providing development, EPC, and installation services for commercial and utility-scale projects.

## About

Founded in 1998, groSolar specialized in the development, engineering, procurement, and construction (EPC) of solar photovoltaic (PV) projects. They served developers, financiers, utilities, and corporate clients, installing over 150 megawatts of solar PV systems across the US. The company was acquired by EDF Renewable Energy in April 2016.

## Key facts

- **Slug:** grosolar
- **Website:** http://www.grosolar.com
- **Location:** Columbia, Maryland, United States
- **Founded:** 1998-01-01
- **Operating status:** Active
- **Total funding:** $13M
- **Sectors / tags:** Solar Energy, Energy Storage, Power Generation, Clean Energy, Sustainability, Climate Tech, EV Charging, Smart Grid, Renewable Energy
- **Social:**
  - Twitter: https://x.com/grosolar

## Frequently asked

### What does groSolar do?

Founded in 1998, groSolar specialized in the development, engineering, procurement, and construction (EPC) of solar photovoltaic (PV) projects. They served developers, financiers, utilities, and corporate clients, installing over 150 megawatts of solar PV systems across the US. The company was acquired by EDF Renewable Energy in April 2016.

### What is groSolar's revenue?

StartupHub estimates groSolar's annual revenue at $15.0M (range $8.7M to $21.3M, 27% confidence), based on comparable companies in the sector.

### What is groSolar's valuation?

StartupHub estimates groSolar's effective valuation at $49.9M (range $32.6M to $78.3M, 10% confidence), based on comparable companies in the sector.

### How much funding has groSolar raised?

groSolar has raised a total of $13M in funding. The most recent round on record is Series B.

### Where is groSolar headquartered?

groSolar is headquartered in Columbia, Maryland, United States.

### When was groSolar founded?

groSolar was founded in 1998.

### What industry does groSolar operate in?

groSolar operates in Solar Energy, Energy Storage, Power Generation, Clean Energy, Sustainability, Climate Tech.

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