247Solar

About 247Solar

247Solar, Inc. is a company focused on providing round-the-clock clean energy solutions through innovative high-temperature, modular solar power systems with overnight storage. Their mission is to deliver turnkey solutions for clean industrial process heat and baseload renewable electricity, contributing to a more resilient energy future.

Products & Services

247Solar Plant™:Generates continuous clean energy 24/7 using next-gen concentrated solar power (CSP) technology, capturing solar energy at high temperatures (970°C) and storing it in ceramic pellets for cost-effective renewable storage without batteries or molten salts.

HeatStorE™:Converts excess power from PV, wind, or the grid into ultra-high-temperature heat stored in sand for up to 20 hours, which can be converted back to electricity using a proprietary turbine without emissions.

Heat2Power™ Turbine:A proprietary turbine that converts stored heat into electricity without combustion or emissions, used in conjunction with 247Solar's thermal storage systems.

Energy as a Service (PPA):Offers Power Purchase Agreements allowing access to clean electricity and industrial heat with no upfront capital investment; 247Solar designs, builds, owns, and operates systems on-site with clients paying a fixed rate for energy used.

Specialties

High-Temperature Solar Technology Concentrated Solar Power (CSP) Thermal Energy Storage Industrial Heat and Power Green Hydrogen Microgrids Off-Grid Electricity

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series B T: - FT: Series B	A: 25000000 MR: - FA: 25 million FAN: 25000000	D: 2025-12-01 FD: 2025-12-01	-

Series B Latest

2025-12-01

$25.0M

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

B

Bruce N. Anderson

Founder, CEO

N

Natalie Lorenz

Chief Operating Officer

A

Adarsh Ghosh

Chief Financial Officer

P

Paul Shultz

Chief Investment Officer

K

Kristen Griffin, PhD

Chief Product Officer

R

Robert Garrett

Chief Commercial Officer

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Recent News

247Solar Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised