Want to Learn More About Us? We’re Flattered!
Nautilus Solar Energy® is proudly known as a pioneer in community solar, providing clean energy to homes, apartments, and businesses in local communities across the US. As solar energy visionaries and promoters, we actively develop and provide ongoing maintenance of our solar farms and local communities, supporting over 32,000 subscribers across 10 states.
More than just a clean energy provider, we’re deeply committed to a greater cause of building strong partnerships, providing an affordable energy option for everyone, fostering community growth, and creating a more sustainable planet.
Together with our partners we are creating lasting impact, shaping the present and the future for both financial and environmental sustainability.
We Go Way Back: Here’s How It All Began
Two Cups of Coffee and a Starbucks Napkin
From being the first to apply the IPP business model to distributed generation solar in 2007, to a series of transformative events including investments, leadership shifts, and the acquisition by Power Sustainable, the company continues to stand out as a leader in the solar energy movement and its evolving landscape.
Today, under the leadership of CEO Jeffrey Cheng, Nautilus Solar continues to thrive and expand, setting new standards in community solar.
Co-Founders Jim Rice and Laura Stern meet at a local Starbucks and sketched out their vision on the back of a napkin.
First company to apply the IPP business model to distributed generation solar.
Early growth was fueled by an investment by Starwood Energy.
Jeffrey Cheng joins Nautilus as COO and business strategy shifts focus to Community Solar.
Starwood sold its interest to Nautilus management and Virgo Investment Group.
Acquired by Power Sustainable, a wholly owned subsidiary of Power Corporation of Canada, Nautilus expands quickly using its institutional-scale permanent capital.
Jim Rice and Laura Stern become co-CEOs. Jeffrey Cheng becomes President.
Jim Rice and Laura Stern step into advisory roles as new CEO Jeffrey Cheng leads the company to a new era of growth and leadership.
To be the trusted provider of clean energy to local communities.
To create a clean, sustainable future by offering an equitable and affordable renewable energy choice for all.
To be the energy partner of choice.
The Nautilus Solar journey is marked by our substantial impact on the solar industry:
- Actively shaped policy and regulations in new markets
- Introduced innovative financing models
- Directly subscribed residential customers in emerging markets
- Maintained ownership of solar farms through their entire lifecycle
Our Name and Symbolism
The Nautilus name stems from the USS Nautilus, the world’s first operational nuclear-powered submarine, reflecting our co-Founder Jim Rice’s background as a Navy Submarine Veteran. Similarly, our logo is inspired by the chambered nautilus shell, symbolizing grace, growth, expansion, and renewal – all key elements of our journey at Nautilus Solar Energy.
Company Facts and Presence
Nautilus Solar has established a strong presence with:
Meet Our Dedicated Team
Our Pride and Commitment Shine Through