Award Winning Technology
Several organizations have recognized Solvari for its novel approach to tackling the high cost of residential solar.
They not only evaluated Solvari’s technology, but also its business model, market potential, impact on fighting climate change, leadership team, and likelihood of success.
The numerous awards and finalist winnings show a strong support from both government agencies and private investment groups that Solvari can achieve its goals to transform the rooftop solar industry to reduce cost while providing strong returns to its investors.
Department of Energy
In September 2022, Solvari won the coveted American Made Solar Prize competition for its all-in-one solar panel.
The multi-stage program was highly competitive with Solvari beating out over 240 other companies to take home the $800k in non-dilutive winnings. These funds were used to complete all R&D requirements of the Solvari all-in-one solar panel.
State of California
In February 2024, Solvari won the prestigious CalSEED competition for its all-in-one solar panel.
The multi-stage program was highly competitive with Solvari competing against 180 other companies for $650k in non-dilutive grants. $150k has already been used to validate the product and prepare it for market readiness.
The remaining $500k is slated for use in 2025 to advance our assembly automation, further reducing the cost of the Solvari solar panel.
Finalist Winner
CleanTech Open - Finalist Winner
In September 2023, Solvari became one of only 8 regional finalist out of 200 teams in the CleanTech Open incubator program.
This program helped Solvari prepare the company for private investment both structurally and from a marketing perspective.
