Sunwealth is a clean energy investment firm on a mission. They invest in a better energy future by financing and managing solar projects that benefit diverse communities through clean power, carbon reduction, cost savings and job creation.
They partner with skilled local solar installers, community organizations and local businesses, and investors to change who benefits from renewable energy by changing the way we invest in it.
Sunwealth was founded in 2014 by a team of experienced investors and entrepreneurs. They have offices in Boston, Massachusetts, and Washington, D.C. They have raised over $200 million in capital, and have financed over 500 solar projects.
Sunwealth’s investment strategy is focused on four main areas:
Community solar: Sunwealth finances community solar projects, which allow people to subscribe to solar power even if they don’t have a roof that is suitable for solar panels.
Solar gardens: Sunwealth finances solar gardens, which are large-scale solar projects that are located in areas that are not suitable for traditional solar development.
Solar schools: Sunwealth finances solar projects at schools, which provide clean power to schools and help to reduce their energy costs.
Solar for businesses: Sunwealth finances solar projects for businesses, which provide clean power to businesses and help to reduce their energy costs.
Sunwealth has a strong track record of success and heir portfolio projects have generated over 100 million kilowatt-hours of clean energy, and have avoided over 100,000 metric tons of carbon emissions.
Some of the notable projects that Sunwealth has financed include:
The Boston Public Schools Solar Program: Sunwealth financed a solar project at every school in the Boston Public Schools system. The project provides clean power to over 100 schools and helps to reduce the district’s energy costs.
The University of Massachusetts Boston Solar Project: Sunwealth financed a solar project at the University of Massachusetts Boston. The project provides clean power to the university and helps to reduce the university’s energy costs.
The Chelsea Solar Garden: Sunwealth financed a solar garden in Chelsea, Massachusetts. The project provides clean power to over 1,000 homes and businesses in Chelsea.
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