Palm Energy

Creating Innovative Networked Solar Farms Where We Live, Work And Play

Security Type: SAFE
Min Investment: $100
Location: Greenwich, CT
Offering Date: July 24, 2021
Expected Close Date: October 22, 2021

Company Description

The Palm-e is a powerful, ground-mounted, sun-tracking solar photovoltaic device rated at 10kW - 14 kW. It is 30% to 40% more efficient and 70% lighter than fixed rooftop solar panels. Its modular design allows for rapid, flexible and versatile deployment at scale as an autonomous (full battery backup) system, a hybrid (partial battery and partial grid connect) system or a grid connect (full grid connect) system. Each system is capable of supporting a powerful micro-grid and a wide range of user services.

Key Deal Facts

Compelling business proposition with estimated payback of 4-6 years at an ROI of 240%.
Team with combined professional experience of 125 years.
Pioneering, transformative green energy solution for the urban habitat that's 30%-40% more efficient
Offers verifiable and measurable reduction of greenhouse gas emission.
Invest in a cleaner future for our children and the children of tomorrow.
Each device reduces carbon footprint by over 21,000 pounds of C02 per year.
Green powers campuses, neighborhoods, towns and cities without occupying expensive ground space.
Inspiring and visible expression of your green commitment to stakeholders.

Management Team / Advisory Board Bios

Rajiv Narain, Founder & CEO
30 years designing and executing significant and complex building projects within timeframe and budget. Long experience in sustainable design.

Francois Mahu, Founder & COO
Award winning product designer. Proven track record of product development involving teams and fabricators – from concept to execution.

Chris Outwear, Strategic Advisor
CEO Liberty Access Technologies. Serial entrepreneur. Inventor and technologist.

Amount Raised : $0

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