Billionaire Profile
Dean Solon
Global Rank
#2530

Image: Unsplash Contributor | Unsplash License | via Unsplash

Dean Solon

CEO, Solar systems
UNITED STATES
Real-Time Net Worth
$1.592B
Estimated based on Solar systems stock value as of April 21, 2026
0% (24h)
Age
61
Source
Solar systems
Industry
Energy
Citizenship
UNITED STATES

Biography

Dean Solon is a prominent figure in the renewable energy sector, currently serving as the Founder, CEO, and President of Create Energy. With over 30 years of experience, Solon is recognized for his innovative leadership and expertise in driving engineering, innovation, and manufacturing growth within the US and global markets. His career includes founding Shoals Technologies Group in 1996, where he served as CEO for 25 years. Solon's source of wealth stems from his ventures in the Solar systems industry. As of March 24, 2026, his estimated net worth is $1.6 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

Dean Solon's journey began in Gary, Indiana, where he developed a passion for mechanics, helping his father repair air conditioners at a young age. He dropped out of Purdue University and ventured into automotive part manufacturing.

Rise to Success

Solon founded Shoals Technologies Group in 1996. The company specializes in electrical balance of systems (EBOS) solutions for the solar industry, and has been a key player in U.S. solar installations. After an IPO in January 2021, Solon stepped down as CEO to join the board, while retaining a 40% stake in the company.

Key Business Strategies

Solon's business strategy focused on U.S.-based manufacturing, which positioned Shoals as a reliable source. He emphasized simplicity in the manufacturing process, even utilizing a unique color-coded system for employee uniforms inspired by Sesame Street, and the goal of improving products. His approach allowed the company to charge a premium for its products. After leaving Shoals, Solon founded Create Energy in March of 2023, a company focused on engineering, research, and development in solar, battery energy storage, and e-mobility. Create Energy also launched a new solar manufacturing facility, ReCreate, with Recom Technologies, to produce solar cells and modules, and address the growing demands in the US and EU markets.

Philanthropy

Dean Solon believes in giving back to the community, actively supporting educational initiatives and charitable organizations focused on environmental conservation and social justice.

Career Milestones

1996

Founded Shoals Technologies Group

Established Shoals Technologies Group, which makes electrical gear for major U.S. solar installations.

2021

Shoals Technologies Group IPO

Oversaw the IPO of Shoals Technologies Group, and stepped down as CEO.

2022

Left Shoals Technologies Group

Left Shoals Technologies Group after its IPO in early 2022.

2023

Founded Create Energy

Founded Create Energy, a renewable energy manufacturer.

2024

Launched ReCreate

Launched ReCreate, a new solar manufacturing facility with Recom Technologies.

Philanthropy & Social Impact

Education

Educational Initiatives

Undisclosed

Actively supports educational initiatives.

Environment

Environmental Conservation

Undisclosed

Supports charitable organizations focused on environmental conservation.

Social Justice

Social Justice

Undisclosed

Supports charitable organizations focused on social justice.

Business Philosophy & Leadership

Notable Quotes

"If you really enjoy what you do, the money's going to show up."

"We're excited to ignite the rocket engines on this new venture and deliver high-quality, American-made solar solutions"

Leadership Principles

Innovation

Constantly seeking new and improved methods and technologies within the solar sector.

Simplicity

Focusing on the essentials and streamlining processes to maximize efficiency.

American-Made

Prioritizing domestic manufacturing to ensure quality and reduce dependence on foreign markets.