Was your investor webinar (June 7th, 2020) recorded? If so, could that be posted to the Wefunder page?

Hi Salvatore, yes our July 7th webinar was recorded. We'll be posting to our Youtube page shortly. We will also look into posting it here.

Mr. Skulnik, I work in Silver Spring so I am familiar with the area. I was just wondering how your company differs from other competitors, mainly larger companies. Also, could you name the 4 major community projects?

Thank you for your question! We are unique in that we are a B Corp with a score higher than any other community solar company. That means we are at the highest level of good governance, transparency, and community committment. The four projects we completed are Panorama, Oxon Hill, Dogwood and Old Court. We have a new project coming in Pepco very soon so you'll have a chance to sign up as well. Stay tuned!

Hi Gary, What was the name of your previous venture and how's it doing now? Thanks!

Hi Jaspreet,thanks for the question. My previous venture was Clean Currents. It grew into a $22mm company and we had a succesful exit with our solar division, selling it to Solar City. Our retail electric supplier business, however, went under because of the Polar Vortex in 2014, which sent energy prices on the wholesale market through the roof and we didn't have the funds to cover the costs. Our lead investor chose to close the business rather than put more cash in when we needed it.

when is this closing?

Hi Kirk, this is closing in mid October.

What are the chances of coming to Virginia

Hi Eric, we actually are planning on coming to Virginia thanks to the new law that was passed this year. It is expected to go into effect in a year or two. Stay tuned for more!

Neighborhood Sun

A tech-enabled community solar platform dramatically expanding solar access

neighborhoodsun.solar

Silver Spring, MD

Technology PBC & B Corp Hardware B2C Climate Change

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Invested $5,000 this round + $125,000 previously

CleanTech Capital is pleased to continue to invest in Neighborhood Sun, as we have invested into every round to date. Neighborhood Sun has demonstrated exceptional growth to date, and has expanded its footprint from its roots in the Mid-Atlantic to NY state and as far away as Colorado. The company has executed against the business plan at each step of its growth and has developed one of the community solar industry's leading IT platform, which has allowed it to secure more business in a very competitive space. The company's recent merger with Astral Power only reinforced its sales and marketing prowess, and combined with the IT powered tech platform, makes for a formidable leader in the industry. Regulations for community solar are now being deployed among many states in the country (at least 20 and more coming), and the time is now for this investment and Neighborhood Sun has the right management team to make this a successful venture. Climate change is only accelerating and this is one of the most exciting opportunities to start to address this challenge! CleanTech Capital is excited to continue to support Neighborhood Sun.

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