#2504

Dean Solon

United States 61 years old Self-Made

Overview

Source of Wealth
Solar systems
Industry
Energy
Residence
Gallatin, Tennessee
Education
Purdue University (Drop Out)
Marital Status
Married

Assets

  • Shoals Technologies
    0 shares @ -
    -
    SHLS-US

Biography

Dean Solon founded Shoals Technologies in 1996; it makes electrical gear for some of the biggest U.S. solar installations.

Solon, who stepped down as CEO to join the board, owns 40% of Shoals Technologies Group, which had its IPO in January 2021.

Solon got his start at age 8 carrying his dad's toolbox to repair air conditioners; by 16 he had his own customers.

He dropped out of Purdue University and was soon designing and manufacturing automotive parts.

He is the author of two dozen patents pertaining to solar gear.

About

Since the 1970s Solon has visited Disney World at least twice a year. His favorite movie is Beauty And The Beast.

Shoals makes all its solar gear at four factories in Tennessee and Alabama; the company charges more than most competitors, but its products are seen as safer, more reliable and easier to install.