What is Third Sun Solar?
Based in Athens, Ohio, Third Sun Solar is a rapidly expanding design and build solar photovoltaic firm that serves Ohio and its surrounding regions. The company, recognized as an Inc. 5000 Five-Year Honoree, is a key player in the burgeoning clean energy industry, contributing to 21st-century job creation in Ohio. For 15 years, Third Sun Solar has specialized in custom-designing and installing over 400 solar energy systems for commercial, institutional, government, and residential clients across the Midwest. These installations have collectively generated more than 9 megawatts of energy, advancing the goal of integrating solar power into mainstream residential and commercial applications. The firm employs a team of NABCEP-certified solar energy system installers, alongside design engineers, financial analysts, grant specialists, and support staff dedicated to simplifying the solar adoption process for customers. Third Sun Solar leverages its combined financial and management expertise, multiple installation crews, a network of professional service partners, and advanced internal systems to ensure a seamless transition to solar energy, regardless of scale. As a woman-owned business, it holds Disadvantaged Business Enterprise (DBE) status through Ohio's Unified Certification Program, is EDGE-certified, and federal HUBzone-certified. Furthermore, Third Sun Solar is a Certified B-Corporation, validated for its sustainable and equitable business practices.
How much funding has Third Sun Solar raised?
Third Sun Solar has raised a total of $528K across 2 funding rounds:
Debt
$150K
Debt
$378K
Debt (2020): $150K with participation from PPP
Debt (2021): $378K led by PPP
What's next for Third Sun Solar?
The recent major strategic investment signifies a pivotal moment for Third Sun Solar, positioning it for accelerated growth and market expansion. This capital infusion is expected to bolster the company's capacity to scale its operations, enhance its technological capabilities, and potentially broaden its service area. As a leader in the clean energy transition and a certified B-Corporation, Third Sun Solar is well-poised to capitalize on increasing demand for sustainable energy solutions. The company's established track record, combined with its commitment to custom design and installation excellence, suggests a strategic focus on solidifying its market leadership and driving further innovation within the solar photovoltaic sector.
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