Company Profile
247Solar Inc. is a company dedicated to the development and commercialization of advanced solar power technologies. The company focuses on providing sustainable and reliable energy solutions by leveraging cutting-edge solar technologies.
Founding and History
Founded: 2007
Founder: Bruce Anderson, who also serves as the CEO.
Headquarters: Cambridge, Massachusetts, USA.
Mission and Vision
Mission: To deliver clean, affordable, and reliable solar energy around the clock.
Vision: To become a global leader in sustainable energy solutions, making renewable energy accessible and practical for everyone, everywhere.
Core Technology and Products
247Solar Inc. has developed unique solar technology solutions designed to overcome the limitations of traditional solar power systems. The company’s flagship product is the 247Solar Plant™.
247Solar Plant™:
Technology: Combines Concentrated Solar Power (CSP) with a proprietary energy storage system to provide continuous power generation, even during non-sunny periods.
Components:
1. Solar Collectors: Capture and concentrate sunlight.
2. Thermal Storage: Stores heat in a high-temperature storage medium.
3. Power Generation: Uses a turbine to convert stored thermal energy into electricity.
4. Hybrid Operation: Can operate on biofuels or natural gas as a backup, ensuring continuous power supply.
Advantages:
1. 24/7 power generation capability.
2. Grid stability and reliability.
3. Lower operational costs and maintenance.
4. Minimal environmental impact.
5. 247Solar Modular Solutions: Modular Design: Scalable and adaptable for different energy needs and environments.
6. Ease of Installation: Designed for rapid deployment and integration into existing infrastructure.
Market and Applications
247Solar Inc. targets various sectors and applications with its innovative solar technologies:
Utility-Scale Power Plants: Large-scale solar power generation for national grids.
Industrial Applications: Reliable energy solutions for manufacturing and processing plants.
Remote and Off-Grid Locations: Providing energy to areas without access to traditional power grids.
Microgrids: Supporting small, localized grids for communities and businesses.
Sustainability and Impact
The company's technologies contribute significantly to reducing greenhouse gas emissions and dependence on fossil fuels. By providing a stable and sustainable energy source, 247Solar Inc. supports global efforts to combat climate change and promote environmental sustainability.