Nautilus Solar Nautilus Solar Nautilus Solar

It all started on the back of a napkin

2006
Co-Founders Jim Rice and Laura Stern meet at a local Starbucks and sketched out their vision of on the back of a napkin.
2007
First company to apply the IPP business model to distributed generation solar.
2008
Early growth was fueled by an investment by Starwood Energy.
2015
Starwood sold its interest to Nautilus management and Virgo Investment Group.
2016
Jeffrey Cheng joins Nautilus as COO and business strategy shifts focus to Community Solar.
2019
Acquired by Power Sustainable, a wholly owned subsidiary of Power Corporation of Canada, Nautilus expands quickly using its institutional-scale permanent capital.
2019
Jim Rice and Laura Stern become co-CEOs. Jeffrey Cheng becomes President.
2022
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.

Our Vision, Mission
and Purpose

 

 

Vision

Creating a clean, sustainable future by offering an equitable and affordable renewable energy choice

 

Mission

To be the trusted provider of clean energy to local communities

 

Purpose

We want to be the energy partner of choice

Our Success

Nautilus Solar Energy's success as one of the foremost leaders in the renewable energy sector can be attributed to:

  • Taking a leading role in advancing policy and regulations in new markets
  • Creating new financing models
  • Enrolling its own residential customers in emerging markets
  • Maintaining ownership of projects in existing markets through the entire lifecycle of the solar project
  • Hiring a passionate staff of experts in their field
Nautilus Solar Nautilus Solar Nautilus Solar

Company Facts

  • Offices in Summit, NJ and York, ME.
  • Projects in 10 markets throughout the United States.
  • Nearly 100 employees across the country.
Nautilus Solar Nautilus Solar Nautilus Solar

Our Name
Inspiration

Nautilus Solar Energy was named after the world's first operational nuclear-powered submarine, USS Nautilus, launched by the U.S. Navy on January 21, 1954. It's a nod toward our company's co-founder and Navy Submarine Veteran Jim Rice.

Nautilus Solar Nautilus Solar Nautilus Solar
Nautilus Solar Nautilus Solar Nautilus Solar

Our Logo Inspiration

Did you know that our company's logo came from a shell? The chambered nautilus is one of the oldest creatures known to survive in the earth's oceans. It is a symbol of nature's grace in growth, expansion, and renewal.

With its mathematically precise shape, the shell represents one of the finest natural examples of a "logarithmic spiral," a phenomenon commonly found in nature.