Solar Development Group, LLC
Regulation Crowdfunding offering on Climatize · Form C filed November 4, 2026 · Maitland, Florida
Solar Development Group, LLC is a Florida limited liability company organized January 1, 2019, that develops and sells distributed and utility-scale solar and energy storage projects under the ESA Solar brand. It is developing ten Maryland community solar projects, and the financed project has not begun construction and targets commercial operation in May 2027.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Debt
- Maximum
- $217,000.00
- Price
- $1.00 per unit
- Pricing method
- Not stated
- Deadline
- February 3, 2027
- Oversubscriptions
- Accepted, first-come, first-served basis
- Intermediary
- CLIMATIZE EARTH SECURITIES LLC
Funding portal, SEC file 007-00360 - Intermediary fee
- An Origination Fee equal to 6.00% of the Offering Amount raised, payable in full on the Issuance Date, plus an annual Servicing Fee of 0.50% for the Term of Loan. Other filing fees or third-party fees may apply.
- Intermediary equity
- No.
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $17,651,862 | $17,499,638 |
| Cost of goods sold | $6,712,068 | $4,436,552 |
| Net income (loss) | $3,495,252 | $2,592,464 |
| Total assets | $24,674,560 | $16,995,504 |
| Cash and equivalents | $4,213,536 | $2,885,856 |
| Accounts receivable | $3,878,933 | $1,161,679 |
| Short-term debt | $340,502 | $0 |
| Long-term debt | $3,635,362 | $0 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 42 employees. Offered in 64 states.
Use of proceeds
At the $217,000 maximum, estimated net proceeds of $194,548 will reimburse the issuer's $193,673 cost of 930 safe-harbor solar modules.
Valuation
Pre-money valuation, valuation cap and discount not stated. The note bears 10.00% per annum fixed simple interest (Actual/365), and securities are issued at par.
Prior raises
Four Regulation Crowdfunding note offerings totaling $769,000: Solar for Rosedale, MD, $196,000 at 9.0% (funded August 17, 2026); Solar for Shannon Drive, MD, $117,000 at 9.0% (funded August 17, 2026); Baltimore Low-Income Community Solar, $255,000 at 9.5% (funded August 28, 2026); DC Metro Community Solar, $201,000 at 9.5% (funded October 7, 2026). Solar for Havre de Grace, MD is open with a $300,000 maximum and is not completed.
Financial statements
FY2025 and FY2024 financial statements audited by Geller Ragans, Orlando, Florida (report dated May 26, 2026). Nine months ended September 30, 2026 are unaudited and not reviewed. Not self-certified.