Aegeus Technologies Secures Funding from Caspian Debt for Working Capital and Expansion


Aegeus Technologies Secures Funding from Caspian Debt for Working Capital and Expansion
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Caspian Debt has invested undisclosed capital in Aegeus Technologies, a green robotics solution company that leverages IoT to drive its business. These funds are expected to be used for company operational and expansion-related activities. We are talking about Aegeus Technologies Secures Funding from Caspian Debt for Working Capital and Expansion.

Here we are discussing about Aegeus Technologies Secures Funding from Caspian Debt for Working Capital and Expansion:

Aegeus Technologies
Image source: Aegeus Technologies

Embracing Artificial Intelligence, Machine Learning and  Robotics

Aegeus Technologies is narrowly concentrated on providing O&M services for solar plants. Its robotics, artificial intelligence (AI), and machine learning (ML) are intended to increase efficiency and decrease manual labor.

The Caspian Debt’s partnership with Aegean Technologies is a significant achievement in their goal to transform the solar plant operation. They also benefit the environment by supporting waterless technology and the industry’s development through robotics.

Caspian Debt
Image source: Caspian Debt

Intelligent Waterless Solar Panel Cleaning Robots

Aegeus Technologies offers only one product, the Intelligent Waterless Solar Panel Cleaning Robot. These robots are currently deployed in over 8 GW of solar plants in India. In contrast to conventional mobile water-based cleaning methods, these robots employ efficient and environmentally friendly waterless technology. 

Monitoring and Vegetation Control

In addition to cleaning, Aegeus Technologies provides predictive monitoring solutions. Its technology evaluates the health of the solar module to ensure it is functioning at its best. Also, they include vegetation control, which discusses how to avoid plant growth that may interfere with solar panels.

Water Usage Conservation

There is hardly any place in India that is bereft of water problems, and every drop of water is precious. From the analysis, it is clear that Aegeus Technologies’ approach to cleaning solar panels drastically cuts water usage during the process. 

Efficiency and Return on Investment (ROI)

Organizations should consider the benefits of adopting waterless cleaning, as it reduces resource wastage while increasing efficiency. Sanitation of solar panels is crucial as it enhances operation efficiency and thus yields a good return on investment (ROI). 

Venture Debt and Solar Sector Transformation

Caspian Debt gave venture debt to Aegeus Technologies. This funding shall meet their operational expenses and enable them to expand further as they grow their business. 

The solar sector in India is constantly changing and is developing with the use of new technologies. Aegeus Technologies solutions equally apply to utility-scale and rooftop solar, thus perfectly fitting this transformation. 

Conclusion

The partnership between Aegean Technologies and Caspian Debt symbolizes the company’s adherence to the principles of sustainability, technology advancement, and the development of the solar power market in India. Waterless technology is a trailblazer in the field, sharing the efficient O&M of renewable energy systems.


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