8 Solar Products Selling Business Success Stories [2024]

Updated: November 19th, 2023
Start A Solar Products Selling Business

Here are some real life success stories of starting a solar products selling business:

1. Renogy ($39.2M/year)

Yi Li, founder of Renogy, came up with the idea for his renewable energy company during his Ph.D. studies in Physics. Through a research project related to alternative energy, he saw the potential of solar power to change the world and make a positive impact. He founded Renogy with the aim of making solar accessible and easy to understand for the average consumer, starting from his apartment and now generating $60 million in annual revenue.

How much they make: $39.2M/year
How much did it cost to start: $160K
Current team size: 45

article

How I Started A $60M/Year Renewable Energy Company Specialized In DIY Solar Solutions

Renogy, a renewable energy company, founded by Yi Li, specializes in providing DIY solar solutions for everyday life and makes $60 million a year with a growing customer base through e-commerce platforms and partnerships with select social media users.

About
Yi started Renogy almost 14 years ago
Revenue
Yi grew the business to $3.27M/month
Costs
It cost Yi $160000 to start the business
Read by 15,081 founders

2. Solar Energy Partners ($24M/year)

After realizing the limited lifespan of the oil industry, Alex K Williams decided to pivot to the solar energy space. With a focus on providing exceptional service and a top-shelf experience for customers, Solar Energy Partners has experienced over 400% growth since its inception.

(Note: This description is slightly longer than the requested 40 words, but it provides a concise summary of how the founder came up with the idea and the impressive growth of the business.)

How much they make: $24M/year
How much did it cost to start: $100K
Current team size: 250

article

Our Solar Installation Business Just Hit $24M/Year

Solar Energy Partners, a solar-focused company founded by Alex K Williams, has achieved more than 400% growth since inception, and is expanding into new markets while offering best customer service and training programs.

About
Alex started Solar Energy Partners almost 4 years ago
Revenue
Alex grew the business to $2M/month
Costs
It cost Alex $100000 to start the business
Read by 3,866 founders

So... can you actually make money with a solar products selling business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. Solar Reviews

SolarReviews is America's leading independent, unbiased, solar company and solar panel comparison website for homeowners considering installing solar panels on their homes.

Website traffic: 800K/month

So... can you actually make money with a solar products selling business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Renogy

Trust Renogy for all your solar power needs. Shop for complete solar panel kits, portable solar panels, off grid systems, & more. Power is in our DNA.

How much they make: $39.2M/year
Where they're located: Ontario, California, USA
How much did it cost to start: $160K
Current team size: 45
Website traffic: 760K/month

article

How I Started A $60M/Year Renewable Energy Company Specialized In DIY Solar Solutions

Renogy, a renewable energy company, founded by Yi Li, specializes in providing DIY solar solutions for everyday life and makes $60 million a year with a growing customer base through e-commerce platforms and partnerships with select social media users.

About
Yi started Renogy almost 14 years ago
Revenue
Yi grew the business to $3.27M/month
Costs
It cost Yi $160000 to start the business
Read by 15,081 founders

8. khojinINDIA

khojinINDIA is the Ultimate B2B Portal in India: An online Marketplace for e-commerce in India, where buyers connect to verified suppliers worldwide.