FAFCO launches crowdfunding campaign
FAFCO Inc., a leading solar thermal manufacturing company that’s been creating innovative products since 1969, today announced the launch of the company’s first crowdfunding campaign. Starting today, both accredited and non-accredited investors will be able to go to Wefunder and join FAFCO as it once again attempts to disrupt the solar industry with its latest innovation called CoolPV.
“After more than ten years of development, we were finally able to combine a PV module with one of our engineered polymer heat exchangers and create a commercially viable combined solar thermal and solar electric panel. In addition to heating their pools, the electric power generated by the solar panels in CoolPV can reduce a customer’s electrical bill by 50% or more,” said Freeman Ford, Chairman of FAFCO.
“Now all types of investors can capitalize on our latest innovation, including the customers, fans and followers that we’ve built over the past 47 years through our extensive dealer network.”