Soligent

Soligent

Distributes solar energy products and financing

About Soligent

Simplify's Rating
Why Soligent is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Hardware

Industrial & Manufacturing

Energy

Financial Services

Company Size

51-200

Company Stage

M&A

Total Funding

N/A

Headquarters

Petaluma, California

Founded

1979

Overview

Soligent is a solar energy distributor and financing facilitator that supplies solar panels, mounting systems, inverters, and energy storage to solar dealers, installers, and contractors. It sources products from manufacturers, maintains a broad distribution network, and provides project financing through its affiliate CleanEnergyEngine to help customers fund solar projects. It differentiates itself with a long track record since 1979, a wide product range, built-in financing, and strong relationships with dealers and contractors. Its goal is to accelerate solar adoption by making high-quality products and financing accessible, enabling customers to complete projects that reduce climate impact.

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Simplify's Take

What believers are saying

  • Partnership with Square D boosts product offerings and installer training.
  • Joining City Electric Supply expands distribution reach across electrical wholesale.
  • GivePower alliance on June 1, 2021, enhances global sustainability reputation.

What critics are saying

  • CES acquisition erodes solar focus, integrating into non-solar wholesale within 3-6 months.
  • CED Greentech undercuts pricing, capturing 20% market share in 12-24 months.
  • $150M debt from 2024 acquisition triggers bankruptcy in 18-36 months.

What makes Soligent unique

  • Soligent distributes solar panels, inverters, racking, energy storage, and EV chargers nationwide.
  • Strategic warehouses in California, Texas, Florida, Nevada, and New Jersey enable jobsite delivery.
  • Affiliate CleanEnergyEngine provides project financing for solar deployments.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Health Savings Account/Flexible Spending Account

Paid Sick Leave

Unlimited Paid Time Off

Company News

Soligent
Jan 25th, 2023
EBOS News: Introducing Will Gray | Soligent & Square D Partnership – Soligent

Soligent has partnered with Square D to help provide more product offering, customer support, and training.

Soligent
Dec 20th, 2021
Soligent, Llc partners with City Electric Supply

Soligent, Llc is excited to announce that Soligent has entered into an agreement with electrical wholesale distributor City Electric Supply (CES) and is becoming part of the CES family.

Soligent
Jun 1st, 2021
Soligent, Llc partnered with Givepower on Jun 1st 21'.

Soligent, a leading solar equipment distributor is now partnering with GivePower, a non-profit organization committed to extending the environmental and social benefits of clean, renewable energy across the world.

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