247Solar

Thermal processes such as calcining, drying, steam production, roasting, smelting and refining can produce 15%-30% of a mine’s GHG Emissions. Unlike PV and wind, 247Solar technologies enable mines to decarbonize these processes with the medium-to-high temperatures that mining operations require. 247Solar solutions also deliver clean electricity with 99.99% reliability, day and night, in any weather. 247Solar solutions integrate seamlessly with existing power systems with no requirement for emergency backup. They provide rapid response to voltage and demand fluctuations, including power surges. Our modular systems can be combined to achieve any required capacity. Multiple modules ensure continuous delivery when one or more are offline, providing added flexibility, reliability, and resilience. The Company finances, owns, builds, and operates its projects through SPVs to deliver zero/low-carbon heat and electricity, 24 hours a day, on a PPA basis. Modular, scalable, and factory-produced, 247Solar solutions fulfill the promise of round-the-clock renewables for uninterrupted, highly reliable clean energy. More than $24 million has been invested in 247Solar technology to date, including $6 million from the US Department of Energy. The Company is currently undertaking a Series B capital raise of $25 million. 247Solar is an MIT spin-out, headquartered in Great Falls, Virginia USA.