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8minutenergy Renewables
AddedFeb 13, 2024
UpdatedJul 17, 2026
8minutenergy Renewables

8minutenergy Renewables

Private Equity

8minute Solar Energy: American manufacturer of utility-scale PV power plants and energy storage.

HQ
Los Angeles, CA, US
Founded
2009
Overview
Compare
Fundraising
Employees

Avantus, formerly known as 8minute Solar Energy, is an American developer of utility-scale photovoltaic (PV) power plants and energy storage solutions. Founded in 2009 by Tom Buttgenbach and Martin Hermann, the company focuses on providing sustainable energy solutions to meet the growing demand for renewable energy in the utility sector.

Avantus has achieved significant milestones, including the approval of the Redwood Solar Farm in 2014 and raising $200 million through a joint venture with J.P. Morgan Asset Management in 2018. The company's impact is marked by its contributions to advancing renewable energy infrastructure in the United States.

8minutenergy Renewables - Quick Facts

When was 8minutenergy Renewables founded?

8minutenergy Renewables was founded in 2009.

Where is 8minutenergy Renewables' headquarters located?

8minutenergy Renewables' headquarters is located in Los Angeles, CA, US.

When was 8minutenergy Renewables' last funding round?

8minutenergy Renewables' most recent funding round was for $400M (USD) in January 2022.

How much has 8minutenergy Renewables raised to-date?

As of Jan 19, 2022, 8minutenergy Renewables has raised a total of $855M (USD).

How many employees does 8minutenergy Renewables have?

8minutenergy Renewables has 30 employees as of Feb 4, 2024.

8minutenergy Renewables - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • Americas
Revenue
  • Recurring
Customer
  • Enterprise
  • Government
Main Product
  • Energy Storage
  • Solar Energy
Tags
  • SaaS
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
ISIC
  • 6622Activities of insurance agents and brokers
Show 10 more industry codes
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524200Agencies, Brokerages, and Other Insurance Related Activities
  • 524210Insurance Agencies and Brokerages
  • 520000Finance and Insurance
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
  • 6400Insurance agents, brokers, and service
  • 6410Insurance Agents, Brokers, And Service
  • 6411Insurance Agents, Brokers, And Service