- Security Type
- Tech, Clean Technology
- Min Investment
- Offering Date
- November 23, 2021
- Expected Close Date
- February 23, 2022
- Amount Raised
- Security Price
Key Deal Facts
Improved cost efficiencies: PVpallets can be reused an estimated 20+ times, eliminating the cost of new wood pallets for every project.
Positive environmental impacts: PVpallets are made from recycled plastic and are reground into new pallets at the end of their life cycle. As a replacement for wood pallets, this solution prevents unnecessary deforestation, reduces the solar industry’s carbon footprint, and could prevent over 60 million pounds of wood pallet waste from entering US landfills every year.
Reduce solar panel damage: According to our research, an average of 2-5% of the solar panels shipped on wood pallets arrive at the job site damaged and unusable. PVpallet provides additional protection from damage with adjustable sidewalls and cross braces.
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
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