Good Solar is a North Carolina-based nonprofit that works to develop solutions for renewable energy needs in low-income communities.
Located in Charlotte, NC
What stage of development is the company in? Good Solar is in the pilot project stage of development.
What problem is the company looking to solve? Good Solar is not exactly solving a problem, as the issues they are tackling are extremely large and will take time to solve, but rather they are working to mitigate issues and make an appreciable difference. They want to take their model, which makes solar far more inclusive for all income levels and show that there are different ways to promote and implement renewable energy on a large scale.
What are the company’s most concerning challenges? How will they address these challenges? The biggest current challenge for Good Solar is networking with reliable partners who will help the company execute on their plans. Although Good Solar has a firm footing, they are constantly trying to expand in order to help as many people as possible.
How does the company expect to scale in the next year? In 5 years?
A large part of Good Solar’s future includes expanding its research, which requires receipt of government grants and other pools of money. After that, Good Solar plans to expand the company to include social outreach coordinators and media marketing employees to execute on their first few major projects.
Describe the company’s approach to the Triple Bottom Line.
The main mission of Good Solar is inherently beneficial to the environment, as their company specializes in renewable energy. By installing solar panels, the people of low-income communities will have steady access to a clean energy source, therefore reducing its carbon footprint. The company’s founder, Ethan Blumenthal, also has thoughts for a zero-interest loan program specifically for renewable energy development nonprofits that help low-income communities. The company cannot participate in lobbying because of its government status, but it does promote educational campaigns and training programs. Good Solar also works directly with the government utility commission and is talking with legislators about the next stimulus for renewables.
Who currently makes up the company’s team? What gaps, if any, need to be filled?
The team is currently run by Ethan Blumenthal, Company Chairman and CEO, and Miles Wobbleton, President and COO. Both graduated from UNC Law School, and together they have extensive experience in energy policy. In the future, they are hoping to bring on another employee or intern to help with the research side of the company.