What is Solar States?
Headquartered in Philadelphia, Solar States operates as a multifaceted solar and storage installer and educator. The company distinguishes itself through a dual-pronged business model that combines high-quality solar installation services for homeowners and businesses in Pennsylvania, New Jersey, Maryland, and Delaware with a dedicated focus on workforce development. As a 2021 Best for the World Honoree, the firm integrates social impact into its core operations, providing educational programs that cultivate the next generation of solar technicians. Their expertise spans complex battery storage solutions and comprehensive solar energy systems, positioning them as a pivotal player in the regional transition toward a carbon-neutral economy.
How much funding has Solar States raised?
Solar States has raised a total of $741K across 2 funding rounds:
Debt
$350K
Debt
$391K
Debt (2020): $350K with participation from PPP
Debt (2021): $391K led by PPP
Key Investors in Solar States
PPP
Public-Private Partnership
What's next for Solar States?
With this major enterprise-level funding, Solar States is poised to expand its market share and enhance its technical capabilities in battery storage integration. The strategic roadmap likely involves scaling its educational initiatives to meet the rising demand for skilled labor in the green energy sector, while simultaneously optimizing its supply chain for residential and commercial installations. By prioritizing community-centric growth and sustainable energy adoption, the company is set to solidify its influence in the Mid-Atlantic energy market. Future efforts will likely focus on technological upgrades to its storage platforms and the potential expansion of its service territory, ensuring long-term viability in an increasingly electrified landscape.
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