GigaWatt Inc. is making its next phase of growth available to public investors as the residential solar market faces a critical inflection point. With federal tax credits phasing out and residential electricity costs up nearly 40% by 2021, homeowners are caught between expensive turnkey installers and DIY kits that leave them stranded. GigaWatt has spent nearly two decades building the infrastructure to solve that gap, and now it’s accelerating the development of its own branded hardware and software to scale a leaner alternative. The raise is being conducted under the Crowdfunding Regulation (Reg CF) and is open to both accredited and non-accredited investors, subject to applicable regulations. The offering is available through StartEngine, with a minimum investment of $500 and a maximum increase of up to $1,235,000 in non-voting Class B Common Stock.
GigaWatt plans to use the new capital to accelerate the development and certification of its Real Goods brand inverters, batteries, panels and Real Goods Hub, a centralized software platform that unifies hardware, simplifies support, and will integrate artificial intelligence to improve diagnostics, system performance and customer support. In the DIY solar market, where after-sales service is often a critical bottleneck, AI tools are expected to make expert assistance faster, smarter and more scalable. Additional funding will be directed towards expanding the research and development, engineering, sales and marketing teams. The goal is to deliver fully integrated solar-plus-storage kits that are permit-ready and code-compliant, giving homeowners and small installers more confidence in setting up and using their systems.
“Over the past two decades, we’ve quietly built the infrastructure that makes solar and storage accessible and reliable for everyday home and small installers,” said Deep Patel, founder and CEO of GigaWatt Inc. “This addition allows us to strengthen our integrated hardware and software platform faster, so more people can take control of their energy and build resilience for their homes for the long term.” Founded in 2006, GigaWatt has expanded into a multi-brand platform serving DIY and prosumer customers across the United States through household names such as Unbound Solar, GoGreen Solar, AltE Store and Real Goods. Since 2019, the company has installed thousands of kits nationwide, generated more than $64 million in revenue, maintained strong gross margins and reported positive net income in both 2023 and 2024. The Real Goods brand, which GigaWatt acquired in 2023, has deep roots in American renewable energy and directly sold the first solar panels in 197. —This content was contributed by the communications team for GigaWatt.