Solar Power World

  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • SPW State News Hub
      • IRA coverage
      • Solar tariffs
      • U.S. manufacturing updates
    • Featured
      • Latest Feature Stories
      • Contractor’s Corner
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • The Solar Policy Scoop
    • IRA Coverage
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
  • Products
    • Winners of SPW’s 2024 Top Products
    • Batteries and Storage
    • Electric Vehicle (EV)
    • Inverters
      • U.S. solar inverter manufacturers
    • Racking and Mounting
      • U.S. solar mounting manufacturers
    • Software
    • Solar Panels
      • U.S. solar panel manufacturers
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Manufacturing Locations
      • U.S. solar inverter manufacturers
      • U.S. solar mounting manufacturers
      • U.S. solar panel manufacturers
    • Solar Classrooms
    • Suppliers
    • Videos
    • Webinars / Digital Events
    • Whitepapers
    • Voices
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Advertise
  • Subscribe

Massachusetts solar installer Invaleon now accepts bitcoin as payment

By Kelly Pickerel | February 9, 2021

Share

Invaleon, a Massachusetts-based solar installer, announced that the company will now accept bitcoin as a form of payment.

“We are ready to begin accepting bitcoin. Invaleon is adapting to industry trends by making sure our customers have access to a variety of payment methods. Accepting cryptocurrency just makes ‘cents’ and being an early adopter of this is exciting,” says Tom Wu, Invaleon’s founder and CEO.

This news comes after Tesla’s announcement that, after buying $1.5 billion in bitcoin, the company is planning on accepting the cryptocurrency as payment.

Bitcoin is one of the most accessible and versatile forms of virtual currency. It is controlled by a decentralized network of users. Although there are hundreds of cryptocurrencies in active use today, Bitcoin is the most popular and widely used and the closest cryptocurrency equivalent to traditional, state-minted currencies.

Bitcoin can be used to purchase goods from a growing number of merchants (including companies like Expedia and Overstock.com). It can be exchanged with other private users as consideration for services performed or to settle outstanding debts. It can be swapped for other currencies, both traditional and virtual, on electronic exchanges that function similar to forex exchanges. Transaction fees are also lower for cryptocurrency over traditional forms of payment, such as credit cards. And now, it can be used to purchase solar.

For more information on how to use bitcoin to buy solar from Invaleon, call (857) 360-4906 or email info@invaleontech.com.

News item from Invaleon

About The Author

Kelly Pickerel

Kelly Pickerel has over a decade of experience reporting on the U.S. solar industry and is currently editor in chief of Solar Power World.

Comments

  1. ₿ says

    March 29, 2021 at 6:16 pm

    Anything can become a currency, even cows. How about you check out 2nd layer solutions like the lightning network and Microsoft ION. And don’t tell me 2nd layer solutions are pointless. The USD was a second layer to gold, all other currencies are a 2nd layer to the USD which means they were 3rd layer solutions to gold. Visa, PayPal, etc all 2nd layer transaction solutions for all of our fiat currencies.

    Doing research doesn’t automatically make you you correct. Researching the wrong things won’t get you anymore.

    Reply
  2. Don Bilodeau says

    February 10, 2021 at 10:59 am

    I am constantly amazed how Tom is building his company.

    Reply
  3. Jim says

    February 9, 2021 at 1:54 pm

    1. Bitcoin is a Crypto Store of Value (SOV).. not really a “Currency”.
    2. Congrats anyway, for taking this bold step.

    But at least read and consider what I wrote, it is essentially truth.
    🙂

    Reply
  4. Green Ridge Solar says

    February 9, 2021 at 1:32 pm

    The modern technological landscape is making for some interesting bedfellows. Solar, bitcoin, electric vehicles. 2021 is definitely shaping up to be a game-changing year.

    Reply

Tell Us What You Think! Cancel reply

Related Articles Read More >

Lithium battery recycler with plants in Arizona and Alabama files for bankruptcy
Fluence opens BESS enclosure and BMS manufacturing plant in Arizona
SMA to begin assembling medium-voltage power stations in the U.S. in 2026
House Budget Committee advances tax bill to last committee before floor vote
Solar Power World Digital Edition
Check in with the nation's leading solar construction magazine today.
 
“the-informed-solar-installer”
“solar
“spw
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Solar Power Professionals.

Contractor’s Corner Podcast

“solar
Solar Power World
  • Top Solar Contractors
  • Solar Articles
  • Windpower Engineering & Development
  • Leadership
  • About/Contact Us
  • Subscribe
  • Advertising
  • WTWH Media

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | RSS

Search Solar Power World

  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • SPW State News Hub
      • IRA coverage
      • Solar tariffs
      • U.S. manufacturing updates
    • Featured
      • Latest Feature Stories
      • Contractor’s Corner
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • The Solar Policy Scoop
    • IRA Coverage
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
  • Products
    • Winners of SPW’s 2024 Top Products
    • Batteries and Storage
    • Electric Vehicle (EV)
    • Inverters
      • U.S. solar inverter manufacturers
    • Racking and Mounting
      • U.S. solar mounting manufacturers
    • Software
    • Solar Panels
      • U.S. solar panel manufacturers
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Manufacturing Locations
      • U.S. solar inverter manufacturers
      • U.S. solar mounting manufacturers
      • U.S. solar panel manufacturers
    • Solar Classrooms
    • Suppliers
    • Videos
    • Webinars / Digital Events
    • Whitepapers
    • Voices
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Advertise
  • Subscribe