Green Tech
Eco
Icarus RT, Inc.
Hybrid PV/Thermal Solar Plus Storage Cogeneration System
San Diego,
CA
Investment type:
Equity
(Convertible Note)
Target raise:
$50,000
- $1,070,000
Minimum investment:
$100
$100
End date:
Jan 31, 2022
Jan 31, 2022
ended
Share
Highlights
- ? Boosts Solar Photovoltaic (PV) efficiency while generating hot water.
- ? Icarus takes back more than half of the waste heat rejected by PV systems.
- ?? Ideal for high density housing, commercial and industrial buildings.
- ?? Reduces ROI from 6-8 years to about 3-years
Our Story
Icarus RT makes panels that extract heat from solar panels to heat water. This hot water can be used in homes and businesses and the solar panels are more efficient when cooled.
Our Ambition
We will have developed a strategic partner network that results in Icarus panels being included in 1% of the commercial and industrial U.S. solar installations resulting in $120 million in annual revenue rate in 5 years. This makes us a prime acquisition target for either a solar panel manufacturer (such as Canadian Solar) or a solar integration company (such as Solar City, Black & Veatch, SunRun, etc.)