Alternative energy startup Nevados Engineering announced it has raised $3 million in financing. The U.S. Department of Energy SunShot Initiative and EPIC Ventures participated in the round.
Nevados Engineering helps solar project developers and contractors by decreasing the complexity necessary to design, install and operate commercial, industrial, and utility-scale systems. Nevados’ Single Axis Tracker (SAT) system, which is designed, manufactured and distributed by the company, eliminates many of the typical construction activities necessary to install and operate an SAT system.