In the news | 12.14.20 | Penny Bauder
5 Things We Must Do To Inspire The Next Generation
Take small actions that add up to a big impact — Recycle and take kids to the recycling yard so they can see how items are processed. Participate in beach sweeps or community clean up days. As part of my series about what we must do to inspire the next generation about sustainability and the environment.
In the news | 08.05.20 | Eric Wesoff
Palmetto lands $29 million for residential solar sales software and home energy spend
Palmetto, a Charleston, S.C.-based software company focused on home energy spend, landed $29 million in Series B funding from investors including Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures and the Leto Family Office. Greycroft led Palmetto’s Series A round in 2018. Palmetto is a software and fulfillment platform focused on helping consumers understand their energy finances. The startup pairs homeowners with solar power and energy storage providers and looks to improve the ease of financing and installation.
In the news | 08.05.20 | Mary Katherine Wildeman
Charleston Solar-Tech Business Raises $29M to Fuel Future Growth
Backers include Greycroft Partners, which was part of previous round of funding in 2018. Will Szczerbiak, a principal with the New York-based firm, said in a statement that Palmetto has “the best platform to bring renewable energy products and services to market. 'The potential for rooftop solar and the electrification of homes in the U.S. is huge and the competitive landscape is fairly fragmented with just a few dominant players,' said Robert Linck, chief investment officer at Shell Ventures.
In the news | 08.05.20 | David Dykes
Charleston Firm Continues To Innovate To Address Climate Change
Charleston-based Palmetto, a software, energy-focused company, said it has completed a $29 million Series B raise with investors from a range of sectors including energy, financial technology and software.
We are entering a New Utility Revolution.
Americans have always been innovative. In the 1800s, the advent of the electricity grid was a groundbreaking innovation, transitioning the world away from lanterns powered by whale blubber to entire buildings powered by coal and oil. But now we’ve discovered how to power electricity from free, infinite sources like sunshine and wind -- not shipped overseas from our military enemies, but renewable right here in our own backyards. The Old Utility guard wants to protect the massive investment they’ve already made in their infrastructure… Unfortunately, that mindset is costing the rest of us everything. Make no mistake about it, climate change costs us billions today and will cost us trillions tomorrow. There is always a time for innovation - and that time is now.View Full Statement by Chris Kemper, CEO
OUR MISSION: Leading the world toward a clean energy future.
Our Economic Mission is to manage our company for sustainable financial growth, benefit local partners and communities, and make clean energy as affordable as fossil fuels.
Our Social Mission is to develop innovative tools to make the world and environment a better place by driving adoption of clean energy.
Our Product Mission is to make technological innovations to drive down clean energy costs and pass the savings on to our customers.