The startup specializes in financing and developing solar photovoltaic (PV) systems, energy storage solutions, and hybrid solar-storage projects. By enabling individuals to optimize the use of distributed energy resources, the company addresses the need for efficient renewable energy integration and cost savings.
Funding
$200K 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
Integrating distributed energy resources like solar and storage presents challenges in optimizing energy use and achieving cost savings for individuals and organizations. Traditional energy solutions often lack the flexibility to adapt to changing energy needs and fail to fully leverage the potential of renewable energy sources.
Solution
Source Renewables specializes in the financing, development, and operation of solar photovoltaic (PV) systems, energy storage solutions, and hybrid solar-storage projects. The company focuses on maximizing the value of distributed energy resources by developing and owning solar and storage assets, as well as supplying power generated by clean energy projects. Source Renewables provides end-to-end solutions, including project development, securing project capital, and offering community solar programs. Through these services, Source Renewables enables customers to reduce energy costs, achieve sustainability goals, and benefit from public initiatives and incentives for green energy adoption.
Target Audience
The primary target audience includes residential and commercial utility customers, municipalities, educational institutions, non-profit organizations, real estate investors, and capital funds seeking to reduce energy costs and achieve sustainability goals through renewable energy solutions.
Features
- Expertise in project finance, development, financial analysis, and deal structuring in the renewable energy sector
- Development and consultation on battery storage assets
- Community solar programs allowing residential and small commercial customers to buy green energy at lower prices
- Project analysis, due diligence, and negotiation support for co-development partners
- Custom-tailored solutions to meet sustainability goals for organizations
- Management of Value of Distributed Energy Resources (VDER) credits