Solar for Congregation Ahavas (2023)
About this raise
Solar for Congregation Ahavas is raising funds on Climatize. It is a 105.6kW dc behind the meter solar project owned by Trex Solar, LLC. The project aims to provide substantial electricity bill savings of about 50% for Congregation Ahavas Achim, a synagogue in New Jersey. Solar for Congregation Ahavas was developed collaboratively by Bright Sun and Associated Energy Developers and will help to avoid more than 2,400 metric tons of carbon dioxide equivalent. Dr. Lawrence W. Chan founded Trex Solar in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $420,000. The campaign proceeds will be used for investment in the project, legal and accounting fees, and reserves.
Investment Overview
Invested : $420,000
Deal Terms
Total Commitments
- Platform
- Climatize
- Start Date
- 07/17/2023
- Close Date
- 10/04/2023
$10,000
$420,000
$5
Debt
RegCF
8.00%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Location
- PLYMOUTH, Massachusetts
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$127
as of FY2022
-
Runway
-
24+ months
as of FY2022
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual