Angel Invest Boston

Bill Hetzel - Clean Tech Exec and Angel Investor - Startup Success in Maine

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Podcast Sponsored by Peter Fasse of Fish & Richardson Dropping prices for solar panels sank many American clean tech companies. PIKA Energy, however, was able to benefit from the trend by innovating. Generac acquired them in 2019 because of their uniquely efficient home energy storage system. Bill Hetzel, former COO, tells the compelling story of this Maine Angel (and Sal)-backed success and more. Highlights: Sal Daher Introduces Bill Hetzel, Clean Tech Exec & Angel Investor “The original idea behind Pika Energy was to make the world's lowest cost, highest efficiency home/residential wind turbine.” “His wind turbines sold for around $10,000. They were sized to power part of your home.” “Every year, as we developed our wind turbine, the price of solar dropped faster, and that means one thing to a startup, pivot.” “…one of the great things about Pika Energy…were these power electronics and the power electronics we had had a special capability. It meant that each part of the system controlled itself wit