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Solstice

Update Licensing Agreement for Clean Energy Nonprofit

Summary:

Assist non-profit licensing its algorithm for  more equitable residential clean energy qualifications.

Referred by:

Jurisdiction(s): U.S.
About the Organization: Solstice Initiative is a nonprofit that empowers traditionally excluded communities towards a just and inclusive clean energy transition through community-led solar projects, clean energy education, research and innovation, and policy solutions.
Legal Entity Type: Hybrid (nonprofit + for-profit affiliates)
SDG(s): Affordable and Clean Energy, Climate Action, Partnerships to achieve the Goals, Reduced Inequalities, Sustainable Cities and Communities
Legal Issue(s):

The 501c3 arm of Solstice has developed EnergyScore, a machine learning algorithm which can be used as a more equitable and accurate alternative to FICO scores for residential clean energy qualification. The C-Corp arm is developing a software product that will allow solar companies to use EneryScore for their customer qualifications. Solstice is seeking assistance drafting an exclusive license between the 501c3 and C-Corp for the use of EnergyScore. Solstice already have a preferred vendor agreement drafted, and just needs assistance refining the agreement to include things like revenue sharing provisions.