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Summary:

We’re already feeling a bit sunburned from all the solar funding over the past few weeks. But serious folks, there’s even more that we’ve learned about. On Monday SolarCity, which provides solar systems for homes and businesses, plans to announce they have closed $21 million in […]

We’re already feeling a bit sunburned from all the solar funding over the past few weeks. But serious folks, there’s even more that we’ve learned about. On Monday SolarCity, which provides solar systems for homes and businesses, plans to announce they have closed $21 million in their third round of funding, led by Draper Fisher Jurvetson, JP Morgan and Elon Musk. The Foster City, Calif.-based company has now raised over $31 million.

The cleantech industry might not want to talk about a clean tech bubble, but solar overindulgence? Seems so. Earlier this week solar concentrator company SolFocus raised $52 million, while solar financing company Tioga added $4 million. The week before solar photovoltaic company Solarcentury raised $27.2 million, solar cell developer Solexant raised $4.3 million, and Plextronics raised $20.6 million for its organic semiconductors, which can be used for thin film solar applications.

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  1. GoingGreen: McDonough, Davis and the Auto Garden « Earth2Tech Tuesday, September 11, 2007

    [...] million in funding from Khosla Ventures and Kleiner Perkins, Caulfield and Byers. And last Friday we wrote about solar installer SolarCity raising $21 [...]

  2. Check out the progress of this solar concentrator over at Section9 solar. Theres a vid on the blog

  3. Solar Installers: Cutting Costs to Compete « Earth2Tech Thursday, December 6, 2007

    [...] The CEOs of three solar installer companies that tackle the residential market — SolarCity, groSolar and Akeena Solar– discussed the growth opportunities and risks on a panel discussion at the ThinkGreen cleantech conference Wednesday morning. For one, venture money is flowing into solar installer startups coffers. groSolar CEO Jeff Wolfe announced on the panel this afternoon that today the company closed a $10 million round of Series B funding led by NGP Energy Technology Partners. And SolarCity has raised over $31 million from Draper Fisher Jurvetson, JP Morgan and Elon Musk. [...]

  4. PG&E Puts Up $60M for SolarCity Installations Wednesday, January 20, 2010

    [...] and SolarCity, a Foster City, Calif.-based startup founded in 2006 and backed by Tesla Motors CEO Elon Musk, Draper Fisher Jurvetson and JP Morgan, are calling the deal the first investment of its kind by a utility holding company, and the first [...]

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