The company develops and operates community solar and energy storage projects across North America, utilizing renewable energy generation and battery storage systems. By providing asset and subscriber management, it enables organizations to create effective decarbonization strategies and achieve net-zero emissions.
Funding
$150M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homeowners, businesses, and public sector organizations are unable to install on-site solar panels due to space limitations, financial constraints, or property restrictions. This prevents them from accessing the economic and environmental benefits of renewable energy.
Solution
PureSky Energy develops and operates community solar farms, enabling subscribers to benefit from solar energy without needing on-site installations. Customers can subscribe to a portion of a local solar farm, and the energy generated earns them credits on their existing utility bill, resulting in guaranteed savings. PureSky Energy handles all aspects of the solar farm, including design, permitting, construction, and maintenance. This allows subscribers to support renewable energy and reduce their carbon footprint without upfront costs or long-term commitments.
Target Audience
PureSky Energy serves homeowners, renters, businesses, public sector organizations (schools, universities, hospitals), and non-profits seeking to reduce energy costs and support renewable energy initiatives. Landowners looking to generate additional income by hosting a solar project are also a target audience.
Features
- Community solar subscriptions with no upfront costs, roof requirements, or installation
- Guaranteed savings on monthly utility bills through solar energy credits
- Flexible contracts with the ability to cancel at any time
- Support for local economies through job creation and tax revenue
- Options for homeowners, renters, businesses, public sector entities, and non-profits
- Affinity programs that extend clean energy access to employees, with charitable donations for each sign-up
- Management of the entire solar project lifecycle, including design, permitting, construction, and maintenance