Shanghai VC SparkEdge invests $5.5m in Aussie solar distributor OSW

Shanghai VC SparkEdge invests $5.5m in Aussie solar distributor OSW

FILE PHOTO: Workers carry solar panels to install them at a solar farm in the desert, in Lingwu, Ningxia Hui Autonomous Region, China April 14, 2025. China Daily via REUTERS/File Photo

Australian solar wholesaler and distributor OSW (One Stop Warehouse) has secured $5.5 million in strategic funding from SparkEdge Capital, a Shanghai-based VC focused on energy and technology sectors.

The new capital will fuel the company’s expansion plan in key solar markets, including the US, Mexico, Spain, and Romania. It will also help to accelerate the rollout of OSW’s platform, GreenSketch, which digitalises and connects every stage of the clean energy value chain.

“[..] OSW is building an AI-driven distributed energy industry internet platform—our vision is to become the ‘Amazon’ of clean energy, delivering integrated solutions,” OSW’s Founder Anson Zhang stated in a statement.

Founded in 2013, OSW has maintained its position as the market leader in Australia’s solar sector for seven consecutive years. Internationally, it has established a strong presence across Europe, particularly in the Netherlands and Poland, where it has achieved over 20% marketshare.

Its GreenSketch platform enables users to handle everything from system design and procurement to subsidy applications and project management within a single platform.

SparkEdge Capital’s Partner Bin Wang said that they are drawn to OSW’s unique ability to combine smart software with deep sector expertise and praising GreenSketch as a breakthrough, setting a new standard for clean energy delivery. “We believe OSW is positioned to lead the next wave of global solar adoption,” he said.

With the backing of SparkEdge Capital, OSW is focused on integrating AI-powered tools and automation into every layer of the solar journey, from system design and compliance to credit scoring and carbon tracking. Strategic partnerships in each region will support local deployment and help scale OSW’s clean energy infrastructure worldwide.

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