This cleantech startup constructs utility-scale solar farms that generate renewable energy while reducing greenhouse gas emissions. By providing local communities with access to clean energy, the company creates job opportunities and contributes to sustainable energy solutions on a broader scale.
Funding
Funding not disclosed
Founders
Product
Problem
The solar energy sector relies heavily on foreign-sourced components, creating supply chain vulnerabilities and higher costs for U.S. solar panel manufacturers and energy producers. Dependence on overseas suppliers for critical components like solar glass and silicon cells hinders domestic growth and increases logistical complexities.
Solution
MSolar is a vertically integrated solar manufacturer and energy producer that streamlines the solar panel production process by manufacturing solar panels, glass, and cells within the United States. By consolidating these manufacturing stages, MSolar reduces reliance on foreign suppliers, mitigates supply chain risks, and lowers production costs. The company's integrated approach allows for greater control over quality and enables the production of high-performance, American-made solar panels. MSolar also operates a solar farm to generate clean, renewable energy, further contributing to a sustainable energy ecosystem.
Target Audience
MSolar's primary customers include utility companies, businesses, and homeowners seeking reliable, domestically produced solar panels and renewable energy solutions.
Features
- Vertically integrated manufacturing encompassing solar panels, solar glass, and solar cells
- Production of mono-crystalline M-10 bifacial panels in a 56,000 sq/ft facility with an output of 540,000 panels annually
- Manufacturing of 4GW of heterojunction G-12 solar cells, producing 350 million cells per year in a 540,000 sq/ft facility
- Solar farm spanning 168 acres, equipped with 72,000 premium glass-glass solar panels
- Solar farm generates 39.5 Mega Watts of continuous power and has a PJM Interconnection Permit for grid connection
- Implementation of IP-designed manufacturing methods to increase production output
- Use of fully-autonomous assembly robots in the solar panel manufacturing process