Solstice provides turnkey customer solutions for shared solar.
Solstice provides turnkey customer solutions for shared solar. It also offers subscriber aggregation and management services to solar developers, utilities, and other providers of shared solar energy. Employing community organizing techniques and the nation's first online marketplace and customer management platform for shared solar, Solstice leverages network effects to aggregate consumer demand and put more solar in the ground.Solstice's goal is to use community solar to help these groups meet one another and to unlock the possibility of solar power for these households. Solstice was founded on the belief that every American household can be powered by affordable renewable energy. By deploying community solar, Solstice works for greater energy equity and a future in which clean energy works for every American household, regardless of income level, credit score, or any other factor. It has received the C3E Women in Clean Energy Entrepreneurship Award, MassChallenge Silver Award, Kia Revisionaries Award, and Gold Stevie Award as well as the Echoing Green Climate Fellow, Inc Magazine’s Female Founder 100, Elle’s US Women Entrepreneur of the Year, a Renewable Energy World 40 Under 40 in Solar, a Grist 50 Fixer, a GLG Social Impact Fellow, a Cordes Fellow, and an Acumen Global Fellow award. The company was founded in 2016 and is headquartered in Cambridge, Massachusetts.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 27, 2018 | Grant | — | 1 | Park Foundation | — | Detail |
Oct 21, 2016 | Grant | $800K | 1 | US Department of Energy | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Park Foundation | Yes | Grant |
US Department of Energy | Yes | Grant |