FAFCO

minimum investment: $100.00

Chico, CA

CoolPVcan deliver up to 4x the power of stand alone solar panels

CoolPV is an enhanced solar electric panel that generates electricity and heats water from one panel using the same valuable roof space. Because CoolPV cools the solar electric module, it increases the output of the PV module by up to 20%. Including thermal energy, CoolPV can generate up to 4x the power of PV alone. CoolPV lets customers save money, increase their home value, and be environmentally friendly all at the same time. Made in the USA, CoolPV generated $570K in sales in 2016.

Funding target: $200,000 – $1,000,000 by 9/27/2017

Regulation Crowdfunding: Equity (Priced Round)

Minimum investment: $100

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  • One of the oldest and largest solar thermal manufacturers in the U.S.-founded in 1969 and incorporated in 1972.
  • Generated $6.9 million in revenue in 2015 (fiscal year)
  • CoolPV is a commercially viable combined solar thermal and solar electric system. CoolPV can generate up to 4x the power of a regular PV system
  • CoolPV can decrease energy bills by 50% or more

Founded in 1969, FAFCO revived the nascent US solar thermal industry. Our first innovation replaced copper with engineered polymers in solar pool heating panels. Today, our goal is to transform the industry again. We introduced CoolPV in late 2015, a combination of solar thermal and solar electric technology which we believe will revolutionize the solar industry. After all, we’re no startup; we’ve been in business for forty years and in 2015, we generated over $6.9 million in revenue.