247Solar, Inc logo — The first complete application of high-temperature solar pow...

247Solar, Inc

The first complete application of high-temperature solar power with overnight storage for clean heat and electricity.

Founded 2015 United States Great Falls, United States 20 employees Series B Total: $10.00M Energy, Renewable Energy +1

General Information

Company Name 247Solar, Inc
Founded Year 2015
Location United States Great Falls, United States +1
Employees 20
Industries Energy, Renewable Energy, Energy Storage
Funding Stage Series B
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About 247Solar, Inc

247Solar, Inc, founded in 2015, is a promising startup at the forefront of the Energy, Renewable Energy, and Energy Storage industries. As an MIT spin-out, the company is innovatively addressing clean industrial process heat and baseload renewable energy needs, emphasizing its unique capacity for high-temperature solar power with overnight storage. Positioned strategically in the United States, 247Solar targets key decarbonization markets, including mines, industrial CHP, data centers, and green hydrogen.

Utilizing SPVs for financing, owning, building, and operating projects, the company ensures the delivery of zero/low-carbon heat and electricity through a PPA basis, promising round-the-clock, reliable clean energy. Over $24 million has been invested, with significant funding from the US Department of Energy. Currently, they seek to raise $25 million in a Series B capital round, backed by a pipeline exceeding $200 million in near-term projects.

Taxonomy: High-temperature Solar Power, Overnight Energy Storage, Clean Industrial Process Heat, Baseload Renewable Energy, Decarbonization Solutions, Modular Energy Solutions, Solar Energy Commercialization, Zero-carbon Electricity, Dispatchable Clean Energy, Long-duration Thermal Storage, Renewable Energy as a Service (EaaS), Concentrated Solar Power (CSP), Off-grid Solutions, Industrial Combined Heat and Power (CHP), Energy Project Financing

Services & Products

247Solar Plant
HeatStore Technology
Heat2Power Turbine
Power Purchase Agreements
Pre-Feasibility Studies

Target Customers

Commercial and Industrial Users Mining Operations Manufacturers Agricultural Sectors Economic Development Zones

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• - 01 Dec 2025
Series A •••••• - 01 Apr 2022

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FAQ About 247Solar, Inc

The first complete application of high-temperature solar power with overnight storage for clean heat and electricity.
247Solar, Inc was founded in 2015.
247Solar, Inc is headquartered in Great Falls, United States.
247Solar, Inc operates in the following industries: Energy, Renewable Energy, Energy Storage.
247Solar, Inc has approximately 20 employees.
247Solar, Inc has completed 2 funding rounds, raising a total of $10.00M. The latest funding stage is Series B.
247Solar, Inc offers: 247Solar Plant, HeatStore Technology, Heat2Power Turbine, Power Purchase Agreements, Pre-Feasibility Studies.
Top alternatives and competitors to 247Solar, Inc include 1414 Degrees Ltd, Hyperlight Energy, GREENDUR, Climeon, Antora Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
247Solar, Inc and 1414 Degrees Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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