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Solar for Schools

Early Stage Startup





Tagline

Help all schools do something amazing: Inspire our children on solar!



Elevator Pitch

SolarforSchools.co.uk is a social impact, internet based business enabling schools to generate their own solar energy. From initial assessment to long term solar asset management, we de-risk the entire process for schools and investors, whilst cutting carbon emissions and educating the next generation on living sustainably.

Launched in early 2015, we will manage the solar assets on 47 schools in the UK, totalling 2.7MW by the end of our first year of operations. We have recently launched in Germany with solarfuerkinder.de and are already receiving initial enquires worldwide.

Solar Options for Schools Ltd was co-founded by Robert Schrimpff who combines 10 years of building online businesses including hotels.com and nearly 9 years of Cleantech Venture Capital experience, including leading the investments and sitting on the boards of two solar companies; Lumicity (uk solar project developer sold to RWE) and TenKsolar (intelligent module manufacturer that just raised 25m from Goldman Sachs). Martin Augustin (Co-founder & COO) who has worked with Robert before and has 10 years renewable consultancy and project development experience (Eon, RES projects) and Ted Scheidegger (Chairman/CFO) who ran Siemens Solar and a number of other solar startups in the past.

Product

We earn an initial fee from each solar panel system facilitated and an ongoing share of the income streams generated by each solar asset in exchange for managing them on behalf of the school and investors.





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Version History

2016-04-05 15:38:49 - changed tagline to 'Help all schools do something amazing: Inspire our children on solar!'

2016-04-05 09:22:58 - changed tags to 'Solar, School, Education, PV, social impact'

2016-04-05 09:22:49 - changed tags to 'Solar, School, Education, PV'

2016-04-05 09:22:31 - changed twitter to 'https://twitter.com/solar_4schools'

2016-04-05 09:21:30 - changed people to 'Robert Schrimpff - CEO Martin Augustin - COO Ted Scheidegger - CFO Ann Flaherty - Business and Projects Manager Helen...'



Website



Fundraising

Following a 160k UKP seed round led by the Low Carbon Innovation Fund and a number of Internet focused VC’s in a personal capacity, we are now seeking more funding, to further develop our systems into a scalable, transparent and trusted platform ultimately capable of attracting and managing up to 100bn of funding for solar assets on schools worldwide.

Solar for schools is also seeking social impact investors and charities interested in lending, rather than donating at low cost to fund portfolios of solar on schools. Whilst project IRRs of 10%+ are possible, we are very keen to work with funds and charities interested in helping schools and children rather than pure return maximisation, so that we can address more schools and provide them with greater financial savings.




Investors

Low Carbon Innovation Fund (www.lowcarbonfund.co.uk)
Business Angels


Enviromental Impact

Our goal is to create a scalable online platform covering all the steps required for a school to go solar. Globally schools could reduce carbon dioxide emissions by 50m tonnes a year by installing solar panels funded by third parties. And midterm, we strongly believe that education our children - the generation of tomorrow - on how to live sustainably will have an even greater impact on the environment.


Social Impact

By providing real, live data on a schools energy consumptions and comparing it to the solar panels output students can see renewable in action and be inspired to help the school save money while learning about the opportunities (clean sustainable energy) and challenges (balancing supply and demand) that solar power brings. In order to develop specific lesson and project based on these tools we have recently set up an Education Advisory Board consisting of 4 international experts in sustainability in education. With their help we are also working on collecting and classifying the best online learning tools related to solar power from around the world in our new resources section.

Awards

Rushlight Sustainability Award
www.rushlightevents.com/rus...

Shortlisted for the Guardian Sustainability Award:
www.theguardian.com/sustain...


Country of Origin

United Kingdom

Founded

2015

Twitter


Facebook


Team

Robert Schrimpff - CEO
Martin Augustin - COO
Ted Scheidegger - CFO
Ann Flaherty - Business and Projects Manager
Helen Biro - Schools Communications

Contact Person

Martin Augustin

Headquarter



Solar Options for Schools Ltd.
Linden Square,
146 Kings Road
Bury St Edmunds
IP33 3DJ, UK

Tags

Solar, School, Education, PV, social impact