# PALM ENERGY SYSTEMS LLC

Game-changer in Green Technology: Developing transformative solar energy devices

## Elevator pitch
We are creating inspirational and transformative clean energy devices, which will revolutionize the way campuses, communities and electric vehicles are powered within our towns and cities. Invest in us and join us in our journey for a cleaner tomorrow!

- Canonical URL: https://wefunder.com/palm.energy.systems
- Entity ID: wefunder:company:67684
- Last updated: 2026-06-06T05:01:04Z
- Generated at: 2026-06-07T01:44:25Z

## Quick facts
- Compelling business proposition for customers with estimated payback of 4-6 years at an ROI of 240% (not guaranteed)
- JV with Liberty Access Technologies for electric vehicle green charging ensures strong revenue.
- Team with combined professional experience of 125 years.
- Pioneering, transformative green energy solution that's projected to be 30%-40% more efficient
- Invest in a cleaner future for our children and the children of tomorrow.
- Each Palm-e device projected to reduce carbon footprint by over 21,000 pounds of C02 per year.

## Active fundraises
- wefunder:fundraise:37671: 4(a)(6) successful (USD)
- wefunder:fundraise:37672: 4(a)(6) successful (USD)

## Story
The ProblemGlobal warming is heating up the earth rapidly, unleashing a devastating cycle of climate change that may soon become irreversible. Rising sea levels, melting ice caps, hurricanes, forest fires and rising pollution levels threaten humanity in ways we haven't experienced before.Solar energy is a part of the solution. However, current solar energy systems have limited application and are inefficient as well as unattractive.As a result, solar panels are hidden away on rooftops, or are mounted as a panel on a post in residential backyards and private gardens. More recently, ground mounted versions called solar trees that claim to be 'beautiful', are beginning to appear in public spaces.There are no existing solutions capable or deserving of coexisting with us within our built habitat. If there is one unifying feature about all clean energy products today it is that they are inefficient and eyesores.It is no wonder that clean energy adoption by us, the people, has been sluggish and relies mainly on cost benefit scenarios presented by savvy salesmen rather than people's inherent desire to embrace it willingly and enthusiastically.We decided to try and change this because we believe there exists an unrealized potential of altering the relationship that people shared with clean energy devices in their neighborhoods, towns and cities. We also believe, to bridge the dangerous disconnect between the 'reality of global warming' and the myth that 'everything is ok at home', there is an urgent need for us to embrace clean energy and make it an integral part of our lives.Why - Questioning first principlesWhat if we could generate clean energy without worrying if we have enough roof space for solar panels, if our roof was facing the right direction, if our roof was shaded most day or if we had a roof at all?What if we could generate clean energy from inspiring devices that didn’t need to be hidden away but live amidst us in our streets, squares and parks?What if we could generate significantly more energy and at a lower cost from these devices?What else would this enable us to do that isn't currently possible currently?What - Our initial responseThe solution would be a highly efficient urban artifact. It would be an inspiring and powerful device, which could be placed anywhere within our campuses, towns and cities, and which would be enthusiastically embraced by people. Most importantly, it would not occupy expensive ground space but hover above. It would remove the need to occupy vast tracts of valuable land to create community solar farms within our neighborhoods, and it would exist amidst us within our streets and squares.It would redefine the 'aesthetics of clean energy' , increasing its acceptance, and alter our perception of how we would live with it in the years ahead.Understanding the opportunityDelving deeper, we realize that there exist vast tracts of previously unutilized spaces, right where we live, work and play, which could form captive zones for the generation of significant amount of clean energy.What if many of these devices could be linked together to form micro-grids of clean power. What if these devices were plug and play, and could talk to each other and be controlled and managed in real-time by a remote digital platform? And what if the digital platform could also provide realtime information about the system - its performance and projections?It would be able to power communities and campuses and a whole range of user facilities such as Electric Vehicle charging, personal device charging, emergency facilities, and news and advertisement display options etc. - making it an integral part of our lives.It is our passion to make this possible.How - Our SolutionPalm-e: Powerful Astute Linked Modular and EfficientA day in the life of Palm-eBuilding and Testing the Virtual PrototypeThe OpportunityThe Palm-e SystemThe Palm-e is a powerful, ground-mounted, sun-tracking solar photovoltaic device rated at 10kW - 14 kW. It is estimated to be 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.* These are best estimates and are not guaranteed.The Palm-e System VideoPalm-e MetricsPowering Campuses, Communities and Electric Vehicles - What the Palm-e System will facilitate in everyday terms.FinancesPalm Energy Systems is currently gathering early-stage investments to generate detailed engineering designs, build a full scale operational prototype, secure test certification and regulatory compliance and optimize the design for production. We will also finalize production partners to bring the Palm-e to market.We are looking for investors who share our vision of highly efficient, inspiring and transformational clean energy systems within our built habitat that would have a meaningful impact on our lives. Please note that these numbers may change once we start production. These are future projections and cannot be guaranteed.There can be no assurance that the projected results will be realized, the projected and actual results will vary.Technical DrawingsThe story of Palm EnergyOur journey started in 2016 from a passion to fight climate change and global warming - as conscious designers and global citizens - and our frustration with the limited clean energy solutions available for our neighborhoods, towns and cities. There is a universal obsession with quantitative solutions (how much, how big and how cheap) and no attention is given to qualitative solutions (how efficient, how productive and how experientially enriching). Clean energy solutions rely on inefficient, impersonal and insensitive industrial design solutions focussed on the conventional (ugly and inefficient)rectangular solar panel.Forward-looking projections cannot be guaranteed.Invest in Palm EnergyWe are often told that we have an ambitious vision - perhaps too ambitious. Our answer is simple: This is the future and it is waiting to happen - the only question is how soon can we make it a reality? If dreams are built on passion, then we are passionate dreamers, designers and engineers who are on a mission to redefine how we live with clean energy in the years ahead.Join us to be the first to market as pioneers of this transformative and urgently required movement.Join us to set benchmarks that we are working hard to redefine.Join us to be a part of the change.Join us by investing in Palm Energy.Note: All images and videos featuring the Palm-e device in this presentation are simulated.

## FAQ
1. **Hi, will the future equity be common or preferred, and will it be LLC membership units? Also, what's your status/timeline in terms of profitability?**
   - Hi Lucas, thanks for writing in. Future equity will be common shares, which will be LLC membership units. We have prepared detailed financial projections based on which the company will break even in 2024 and be profitable thereafter. Best Rajiv
2. **What are the investment terms of the safe?**
   - Hi Michael, thanks for writing in. The SAFE has a valuation cap of 5.0 million and a discount of 10%. Best Rajiv
3. **A few questions: 1)Do you have a patent, and if so on what exactly? 2) If you do not have any patents, anyone or company can do something similar, and possibly offer it at a very much lower price. Do you disagree? 3) And where do your solar panels come from?**
   - Thanks for writing in. We are utility and design patent pending. Our patent applications are comprehensive and cover design, device architecture, engineering and the technology platform that controls, operates and manages the Palm-e Clean Energy System. The solar petals are proprietary. Best Rajiv
4. **Hello, can you give an approximate price including installation, per unit?**
   - Thank you for your interest. The current best estimate we have is $87,500 per device. This is based on assumptions which may refine during prototype development and engineering optimization. This cost includes installation.
5. **Hello again, if a large shopping mall in the US sun belt installed one of these devices, would you be able to say what the approximate savings per year in electricity costs would be, excluding revenue from charging batteries in electric vehicles, advertising or any other form ...**
   - Thanks once again for your interest. A single Palm-e device located in San Diego, CA, would save an estimated $969 each year, in electricity costs, over it's life span of 25 years.

## Team
- Rajiv Narain (Founder & CEO)
- François Mahu (Founder, COO & Chief Designer)
- Chris Outwater (Strategic Advisor, Energy & EVs)
- Jay Kesan (Co-founder & Advisor Legal & Intellectual Property)
- Samir Varma (Co-founder, CFO & Chairman)

## Q&A
- Q: Why couldn't you build one real prototype? - It doesn't cost that much
  - A: Thanks for your interest. There are a number of one time expenses in building the prototype because of custom components, which include, but are not limited to custom moldings, tooling etc. This makes prototyping expensive. We've built and tested a virtual prototype which conforms to engineering and energy performance expectations. The current fundraise will enable us to build a physical working Alpha (1/4th scale) prototype as well as undertake design and engineering optimization.
- Q: Are the devices made with any toxic chemicals like gallium arsenide, crystalline silicone, lead, cadmium, etc? What are the life span of the devices? Is there a disposal or recycling plan for the devices at the end of the life span?
  - A: Thanks for your interest. We're a green-tech company and committed to reducing our carbon footprint as well as adhering to stringent environmental goals. We'll be coming forward with a detailed plan when we build our prototype. Additionally, we advance the following UN Sustainability Goals: SDG 07 (Affordable & clean energy), SDG 11 (Sustainable cities & communities), SDG 12 (Responsible consumption & production), SDG 13 (Climate action) and SDG 15 (Life on land).
- Q: What is the total amount of investment you'll need to sustain the company to cash flow-breakeven?
  - A: Hi Craig, thank you for your interest. According to current best estimates we will require between $5 to 7 million to cash flow break even, which we expect to achieve in year 4
- Q: Do you intend to pay a dividend?
  - A: Hi Craig, yes once we are profitable, shareholders may receive a dividend.
- Q: Beautiful design! I could definitely see these helping with the lack of EV charging infrastructure. I'm curious: Why crowdfunding? Are you also seeking traditional angel and vc investors? How does this campaign fit in the mix?
  - A: Thanks for your interest. We're crowdfunding as well as actively seeking angel investment. We believe that in order to save the planet, we will require the active involvement (and buy-in) of 'the people'. Crowdfunding is a great way to reach out to everyday folks and build public consciousness in the 'green revolution'.
- Q: Are we still here?
- Q: It is Nov 2025... more than 4 years ago that I an many others invested in Palm Energy. I do not see any updates here and neither have I received email updates. I am wondering if anything is happening... perhaps you are not interested in keeping investors informed. Why are there no regular updates every month?
- Q: Looks interesting and very innovative concept. You have mentioned prototype will be completed by 2021 end. Can you please share the latest updates on same? Since you have only raised $111, 497, are you not extending the campaign as that is not a huge amount to proceed further unless you received investments from Angel Investors or Institutional Investors? Also I don't see any stock price mentioned anywhere in the campaign, request you to please share the same.
  - A: Hi Ashutosh, thanks for your interest and for your great questions. Yes, we had originally planned to have the prototype ready by end 2021. This assumed that our Wefunder raise along with commitments made by angel investors (at the time), would provide the funds required for this task. However, circumstances and global challenges compelled us to postpone the start of development work, which commenced on January 9, 2022, and is currently on-going. Our original plan was to raise funds on Wefunder and through angel investors in parallel. This continues and we are in talks with several angel investors and potential strategic partners to raise additional funds. You are correct, $111,497, is not sufficient to complete prototype development. However, as our development plan has been structured in modules, we believe we will be able to achieve credible milestones with this amount, while we continue to engage with investors to raise the balance funds. We will keep our great community of investors on Wefunder regularly updated on progress. The investment instrument for our campaign is a SAFE, details of which are contained on our campaign page. You could also refer to the Wefunder FAQ on SAFE’s here: https://help.wefunder.com/contracts/304785-safe-simple-agreement-for-future-equity Best Rajiv
- Q: This product is right up my alley as far as investment is concerned. However, I have a couple questions… well one question and one suggestion: 1. You state that it is extreme weather capable, but unless the panels, or whatever you want to call them, somehow wraparound each other and are able to be pulled into the trunk, I just don't see how this could be; 2. My suggestion is that given your device is designed to produce solar energy and will often be placed in areas where artificial light will be required, I think it would be a good idea if you had an LED ring of light Close to the top of the trunk. Good luck!
  - A: Hi Dave, thanks so much for your interest. 1. The solar petals of the device are weather resistant and do not require to be retracted to do so, as you suggest. 2. The device is equipped with street lighting capabilities through the provision of a lighting ring at the top of the post. The device is also equipped with a range of "people friendly" features and facilities. Best Rajiv
- Q: Mr Narain, I refer to your reply of Oct 13 to my question of Oct 12. I have now sent you a photograph of a similar "solar tree" -- I use that term for convenience. That solar tree is connected to the grid. Unlike your design it has several branches and on each branch is a circular "canopy" to use your term. Effectively there is in this design a larger surface area for exposure to the sun. How does your palm compare with what is on the picture?. You also say that " the Palm e-device does not use solar panels" but you say "The solar petal holds the solar photovoltaic cells that generate electricity." All solar panels are made of photovoltaic cells mounted on structures and connected together to form modules or "panels" or surfaces or other structures, which you call "petals". The cells can be monocrystalline, polycrystalline or amorphous solar cells, and there are a few others. I am surprised by your claim...I have looked at the rotating image of your palm and they hold what looks like smaller "panels" I am really wondering about your solar petals and where they will be manufactured or produced. You still have not produced a prototype yet and. A prototype will confirm if your specifications can be realized and do work in practice. When can a prototype be expected? I hope to read your response, and wish you success because I think we really need to harness the energy from the sun, and reduce very substantially the use of fossil fuels like coal, gas, oil and reduce global warming.
  - A: Hi P Barbonis, thank you for sending me a picture of the device (solar tree) you are referring to and thank you for your continued interest and words of encouragement. The device you are referring to is produced by Hermanstechniek and the glass solar panels used on this device are produced by Hermanz Techniglaz - both these companies are based in the Netherlands and the design of the device dates back to 2016 - 17. There are fundamental differences between the Hermanstechniek device and the Palm-e device both in terms of design as well as performance. We are preparing a detailed comparative, which I will come back to you with shortly. Best Rajiv
  - A: Hi P Barbonis, in continuation of my reply dated Nov 01, we have prepared a comparative study outlining key design and performance differences between the Palm-e device and the device of which you had sent a photo. The link to view the study is here: https://www.dropbox.com/s/zcwpeg6qd6flkx8/Palm%20Energy%20vs%20Hermanstechniek%2011022021.pdf?dl=0 Yes, you are correct - the physical prototype will confirm the performance results that were generated by the virtual prototype. According to our current best estimates, we expect to begin work on the physical prototype in December 2021, complete a working 1/4th scale version in 3 months and a full scale version in another 3 months. The trust and belief of our amazing group of investors on Wefunder, active interest from angel investors and strategic investment and business partnerships with leading renewable energy companies, which are in advanced stages of discussion - will all contribute towards realizing these targets. I look forward to your joining us in this journey. Best Rajiv
- Q: Not a question, but I have seen on social media of the US Transportation Dept. people complaining how current EV charging stations are not accessible to wheelchair users. It's common to see them sitting far back from the curb, and some with screens too high to reached while seated. There’s a need to look at a universal design that works for everyone, seated or standing. Also, keep in mind vehicles that transport an electric wheelchair with a ramp in the design. I just wanted to bring awareness of the different needs of people using these devices and encourage that they be included in the design.
  - A: Hi Kerry, thanks for writing in and thanks for your great insights. You are right, unfortunately clean energy systems have not been people friendly thus far. We are dedicated to making green energy integral to our lives, through its adoption at scale, by transforming how green energy is generated, perceived and utilized. Ergonomic design for 'the people' is intrinsic to this process and we've built in several user friendly features to make the Palm-e Clean Energy System accessible to all. Best Rajiv
- Q: In response to my question as to where your solar panels come from, you replied on August 13, this: The solar petals are proprietary. 1) My questions related to the solar panels, but your reply was about "solar petals". So, not a response to my query by any means. The solar petals may reflect the design you have produced, and not the solar panels that actually generate electricity. Beautiful petals, without solar panels on them will not generate any electricity. 2) You also refer to what you call virtual prototype. What is a virtual prototype -- is it something on paper as opposed to real prototype which to me is something that one can touch and feel but on a reduced scale?. 3) I have now received a few photographs of similar looking palm-like structures that ACTUALLY generate electricity in Europe. So, it does look like somewhere out there there are similar "palms" but they do generate electricity. I can provide the photographs and you will be surprised how similar they are to what is on this page. 4) I think it is very important that you give direct answers to the questions posed by would-be investors.
  - A: Hi P Barbonis, thank you for your continued interest. 1) The Palm-e device does not use solar panels. The solar petal holds the solar photovoltaic cells that generate electricity. The solar petal is not merely an aesthetic element - it generates energy. 2) A virtual prototype is is a simulated model of the device built and tested using computer programs. Several industries utilize this method to build simulated virtual models of products, devices aircraft or buildings to verify their strength, performance etc before they are actually built. The advantage in using a virtual model is that refinements and design and engineering optimization can be undertaken cost efficiently before setting out to build the physical model, which in many cases is very expensive. We've tested the engineering and energy performance parameters of the device using these computer generated models. 3) I am not certain which devices you refer to here, but our market research has shown, that on closer examination, all ground mounted devices currently available are very different from the Palm-e in terms of power rating, power output, design, engineering and their technological capabilities. We'd be happy to respond with more specific comparative data if you could send us details of these devices. Best Rajiv
- Q: On the one have you say "currently gathering early-stage investments to generate detailed engineering designs" and on the other hand you say you expect to have your first sales in 2022. This sounds unlikely that you would be able to go from unfinished designs and no prototypes to sales in one year. What am I missing?
  - A: Hi Michael, thanks for writing in. We have prepared a detailed project plan in coordination with our product engineering partners. We have built and tested a virtual prototype. We estimate to build a scale Alpha working prototype within 3 months of funding, a Beta prototype in another 3 months and a working manufacturing prototype and production engineering within another 6 months. We expect to launch our first pilots and commence accepting orders within 12 months of receiving funding.
- Q: Your design looks very nice - congrats! To what extend is it designed/tested to survive in extreme weather?
  - A: Thanks for your interest. The virtual prototype simulations exhibit the required factor of safety against external forces and illustrate the device's capability of withstanding extreme weather conditions. During the prototype development stage, the device will undergo design and engineering optimization and rigorous tests to ensure these qualities are carried forward.
- Q: This a beautiful concept device. The custom panel shape is one the key pieces to this beauty, however it adds a significant amount of complexity with respect to wiring design/bypass diodes/etc.. Spotlight Solar's "solar trees" are not as aesthetically pleasing but they do bypass the high complexity of manufacturing a custom panel. Will you outsource the full palm leaf panel manufacturing? If so do you have a partner in mind?
  - A: Thanks for your interest. Manufacture of all components of the device will be based on an OEM (original equipment manufacturer) model. We will finalize partners in conjunction with our product engineering team during the course of prototype development.