Icarus RT, Inc.

Hybrid PV/Thermal Solar Plus Storage Cogeneration System

https://wefunder.com/icarus.rt.inc

Total raised on Wefunder: 67423

Total investors: 72

Quick facts

  • ⚑ Boosts Solar Photovoltaic (PV) efficiency while generating hot water.
  • β˜€ Icarus takes back more than half of the waste heat rejected by PV systems.
  • πŸ™ Ideal for high density housing, commercial and industrial buildings.
  • πŸ’° Reduces ROI from 6-8 years to about 3-years
  • 🌲 Every Megawatt of Icarus installed saves the emissions equivalent of 480 cars.
  • πŸ“ˆ $100M targeted early market. US Commercial & Industrial PV market $13B.
  • πŸ’΅ $1.1M grants (California Energy Commission, Shell/NREL, Qualcomm) + $679 k private funds.
  • 🏭 Two commercial demonstration projects scheduled for Q4-2021.

Team profiles

Featured investor profiles

Icarus RT, Inc.

Hybrid PV/Thermal Solar Plus Storage Cogeneration System

Funded badge
Last Funded January 2022

$67,423

raised from 72 investors
Pitch Video
Investor Panel

Investor Panel

Fares interviewed Icarus RT, Inc. on August 27, 2021. Play Video
Fares Ksebati
CEO of MySwimPro
Strengths
says, "Highly experienced founders tapping into a market that is growing rapidly. The solar industry is expanding and the value proposition of improved power output is huge! The regulatory environment in California helps the business move more quickly!"
Advice
says, "I like how the business is focused on southern California, but be sure to share a growth plan for expansion beyond that! Best of luck!"

What Investors Say

LEAD INVESTOR
Invested $25,000 this round + $170,000 previously
My wife and I have invested in ICARUS because we believe in Mark Anderson and his vision for the future of solar power. Through Marks brilliance, he has developed cutting edge technology in the field of solar energy that ultimately will provide a cost effective solution for green, sustainable power at a time in history when the need is the greatest it’s ever been. With energy mandates and legislation as they are, ICARUS timing to market is spot on.
What People Say