Home Business & Finance EnergyBin Receives Funding from The U.S. Department of Energy SunShot Initiative to Launch its Business-to-Business Online Marketplace for the Solar Industry
EnergyBin Receives Funding from The U.S. Department of Energy SunShot Initiative to Launch its Business-to-Business Online Marketplace for the Solar Industry

EnergyBin Receives Funding from The U.S. Department of Energy SunShot Initiative to Launch its Business-to-Business Online Marketplace for the Solar Industry

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The Broker Exchange Network, a global network of technology companies, announced today that its newest site, EnergyBin, will receive an award from the U.S. Department of Energy SunShot Initiative. The Energy Department’s $700,000 award will support EnergyBin’s launch into the solar marketplace. The SunShot Initiative seeks to make solar energy cost-competitive with other forms of electricity by the end of the decade. SunShot funds work to make it faster, easier, and more affordable for Americans to choose solar energy in their daily lives.

EnergyBin will use this funding to help launch the industry’s first online community that provides members with a seamless method for buying and selling solar components. The site will facilitate the buying and selling of discounted components for residential and commercial solar projects as well as replacement parts for operating systems.

“EnergyBin will facilitate the brokering of new, excess, used, refurbished, and vintage solar components,” said Keith Bluford, Sr. VP of Business Development. “We will use our proven brokerage platform to expand into the solar arena and bring companies who need solar products and components together with companies who want to sell. We’re thrilled to have been selected as an awardee by the SunShot Initiative and look forward to bringing an additional option to the solar component marketplace sooner, given our award.”

Source: PRN

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Anand Gupta Editor - EQ Int'l Media Network

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