Australian solar distributor OSW (One Stop Warehouse) has secured USD 5.5 million in funding from SparkEdge Capital, a Shanghai-based venture capital firm specializing in the energy and technology sectors. The funding is intended to support OSW’s international expansion and accelerate the deployment of its proprietary technology platform, GreenSketch.
Founded in 2013, OSW has established itself as a leading player in Australia’s solar sector, holding the largest market share for seven consecutive years. The company has also expanded internationally, particularly in the Netherlands and Poland, where it claims over 20% market penetration in certain regions.
Targeted expansion in key solar markets
With this new capital, OSW plans to strengthen its presence in several key markets, including the United States, Mexico, Spain, and Romania. The company also aims to enhance its digital infrastructure through the deployment of GreenSketch, a technology solution that digitizes the entire solar energy value chain—from initial design to project management.
GreenSketch is presented as the world’s first integrated solar design platform, offering free access to features covering design, procurement, subsidy applications, and operational management. OSW aims to position this platform as a standard in the distributed energy distribution industry.
Technological support and regional partnerships
SparkEdge Capital highlighted the strategic value of the partnership, emphasizing OSW’s ability to combine sector expertise with advanced software solutions. The integration of artificial intelligence-based tools into design, compliance, and carbon tracking processes is among the company’s top priorities.
To support this expansion, OSW is relying on local partnerships in each market to facilitate the operational deployment of its services. This approach aims to tailor its infrastructure to the regulatory and commercial specificities of each targeted country, while strengthening its position in the global solar supply chain.
