Palmetto, a Charleston, SC-based provider of a technology enabled clean energy platform, raised $150M in growth funding.
TPG Rise Climate made the investment.
The company intends to use the funds to continue spurring the adoption of clean energy and access to residential solar across the United States.
Led by Chris Kemper, Founder and CEO, Palmett leverages proprietary platform technology and energy intelligence solutions to accelerate the sale and adoption of clean energy. Palmetto enables established consumer brands to expand into the clean energy market in order to increase their revenue and decarbonization goals while driving environmental impact at scale. It manages the end-to-end residential solar process with a fully enabled operating platform that handles sales, design, engineering, permitting and fulfillment. Its Get-Solar, Give-Solar program provides a women-owned entrepreneurship program advancing the distribution of solar energy in developing countries across sub-Saharan Africa.
