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Last Updated on: 31st January 2025, 03:10 am
Large solar projects are typically financed by big banks. At the other end of the scale, residential solar is financed by a homeowner and potentially just through their solar company or an affiliated lender. But what about the middle of that wide spectrum? It’s the smallish to mid-size-ish projects that can sometimes struggle to find financing, slowing the cleantech revolution.
Recently, I had the pleasure to meet Will Wiseman at Climate Week San Francisco. Will’s got a great smile, endearing mannerisms, and a mission to save the world that has gained incredible traction. His company, Climatize, helps finance these and other kinds of solar projects. The concept is pretty straightforward, but the nuance for the industry is awesome. With just $10 to get started, people can start to help finance solar projects that will displace fossil fuels.
Founded in 2023, Climatize is an SEC-registered impact investing platform that allows investors to fund renewable energy projects while earning up to 10% annually. Climatize has helped to fund millions of dollars worth of solar projects across the United States. It works with dozens of renewable energy developers across the United States to source projects for its platform. The investing platform allows any investor in the United States over the age of 18 to invest in renewable energy projects. Climatize was a finalist in Fast Company‘s 2024 World Changing Ideas list for both the Company of the Year and Impact Investing categories. Climatize is also a 2024 Keeling Curve Prize winner.
During the course of his 10+ years in the industry, Will has had a hand in every function of the solar energy business, including, but not limited to finance, project management & construction where he built 15 solar arrays. He holds two MSc in Renewable Energy Engineering from KTH, the Royal Institute of Technology. Will Wiseman and his co-founder, Alba Forns, are 2023 Forbes 30 under 30 recipients.
In this episode of CleanTech Talk, I got a chance to sit with Will and discuss everything from the impacts this sort of investing can have to the outlook for renewable energy under an administration somewhat, shall we say, uneducated(?) about clean energy.
Enjoy the show!
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