MassCEC Invests in Solstice

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MassCEC Contact:
Catherine Williams
(617) 315-9386
cwilliams@masscec.com
masscec.com

Solstice Contact:
Forrest Watkins
(541) 600-0406
forrest@solstice.us
www.solstice.us

FOR IMMEDIATE RELEASE
March 2, 2018

The Massachusetts Clean Energy Commission (MassCEC), announced today a $50,000 investment in Solstice under its AccelerateMass program.

Solstice is a Cambridge-based social enterprise that uses community solar—a model which allows people to enroll in a local solar farm and see savings on their electric bill—to expand clean energy access in America. MassCEC’s investment in Solstice was targeted to help scale the company’s online software platform, which acts as a central hub for education and enrollment in community solar projects around the country.

“We’re grateful for MassCEC’s investment,” said Solstice CEO Steph Speirs, “And we’re looking forward to implementing this exciting technology to help bring solar to more American communities.”

AccelerateMass is a state program designed to support early-stage Massachusetts cleantech companies as they develop and implement technological breakthroughs that help the Commonwealth meet its climate and environmental goals. Solstice was one of four companies selected from this cycle's record-breaking pool of applicants.

Said Massachusetts Lieutenant Governor Karyn Polito, “The startup community is a key driver for the Massachusetts economy and these investments will help four young companies grow and create quality jobs right here in the Commonwealth.”