SolarCity is one of the leaders when it comes to installing solar panels on home owner’s rooftops. But the company’s $31 million loss, in its latest quarter, shows the growing pains for the retail solar players. Read more »
Solar financier Clean Power Finance has raised a large round of $37 million from Valley investors Kleiner Perkins, Google Ventures and Claremont Creek. Solar financing and installations are one of the bright spots in the solar sector. Read more »
If NRG Energy starts offering solar leasing options to home owners and small businesses, it would represent the mainstreaming of solar roofs and also likely disrupt the current sector filled with a variety of smaller players. Read more »
Solar-as-a-service is dominating the market for home solar panel systems and the companies that pioneered these financing models are now seeing the pay back for those early moves. Read more »
Financing the emerging boom of solar rooftops is an area where startups increasingly are doing well. OneRoof Energy, a startup launched just in 2011, has raised another round of equity from Korean giant Hanwha to grow its solar panel financing and sales business. Read more »
Following the IPO of solar installer SolarCity last month, Sungevity announced that it’s raised $125 million in a combo of equity and project financing. The company does sales, marketing, system design, and financing for home solar panel systems, which saw a boom year in 2012. Read more »
Despite the difficult year in cleantech, there’s quite a few things that excited me this year. Here’s 10 things to be thankful for in cleantech. Read more »
There’s been a series of Cleanweb Hackathons in recent months, where developers spend a weekend building web and mobile apps out of energy, water and sustainability data. But here’s a new one with a twist: a solar-focused Cleanweb Hackathon, coordinated by solar web startup Sungevity. Read more »
Software tools are becoming more important –and attracting more investments — with the greater use of clean power gear, from solar and wind devices to batteries for energy storage. Here’s a look at 6 software opportunities, from energy forecasts to performance monitoring to marketing and sales. Read more »
Investors may not be so keen to put money into solar manufacturing these days, but they are pumping quite a bit of money into the solar retail sector. Sunrun is benefitting from this investor sentiment and announced Wednesday that it’s raised a $60 million in equity. Read more »
The federal government’s decision yesterday to slap fairly hefty tariffs on Chinese solar panels has prompted worries about a big rise in costs for consumers to go solar. But the impact will not likely be as significant for two reasons. Read more »
Gen110 started out as a solar sales and marketing company in 2009, and now it plans to add other residential energy services and has lined up Kleiner Perkins Caufield & Byers as an investor to help its expansion, Gen110 said Thursday. Read more »
SolarCity isn’t content with being just an installer of solar panels on rooftops. The company, which reportedly has plans to go public, has expanded beyond solar to a broader set of energy-related services, including upgrading air conditioners and insulating air ducts. Read more »
The solar industry has begun 2012 with some trepidation, with many on the warpath to cut costs and reduce output. These moves give the market a chance to reduce inventories and get production more in sync with demand. But recovery will likely come slowly. Read more at GigaOM Pro »
Solar service provider Sungevity under went some serious expansion in 2011 as it began to target the East Coast and overseas, and lined up Lowe’s as an investor and partner. Now following that growth, the startup has started raising a new funding round of $40.8 million. Read more »
Let’s face it. For cleantech, at least in the U.S., this year was kindof a bummer. But that’s what New Year’s resolutions and wishes are for: turning a new page when the year starts over. Here’s what I want from cleantech in 2012. Read more »
Sungevity, a venture-backed residential solar service provider, is heading overseas. The company announced Thursday that it’s made an equity investment in a new Dutch company and will license its software and provide engineering services to the startup. Read more »
The solar market has been marked by falling profits and controversial federal government loans this year, but one bright spot is the growth of the residential and small commercial solar sector in which investors are setting up more funds to financial installations. Read more »
Introducing crowd sourcing meets solar, with a kick. Startup Solar Mosaic has built a Kickstarter-style platform that is bringing together peer-to-peer lenders that want to make loans for solar projects in underserved communities, and plans to one day offer ways to make money from solar. Read more »
Google is investing millions of dollars into its second fund that will go toward installing solar panels on rooftops. On Tuesday Rick Needham, Google’s Director of Green Business Operations, announced that Google will invest $75 million into a solar fund for startup Clean Power Finance Read more »
Clean Power Finance, a solar software and financing startup, has raised $19 million from investors, according to a filing. Investors listed on the company’s filing include Kleiner Perkins Caufield & Byers Partner Ben Kortlang, and Claremont Creek’s Nat Goldhaber. Read more »
More solar panels are sprouting from the rooftops these days, along with an increasing number of equipment models and installers. Yet there is no good consumer guide to help people compare shop and avoid scams. The time has come to create one. Read more »
Persuading consumers to pay for solar is a tough challenge. A solar electric system commands the cost of a new car but, unlike a car, it isn’t necessary. Solmentum, a more recent entrant, says it’s found a more efficient approach to reeling in customers. Read more »
Big box stores have tried to market solar electric equipment and installation services for years, but they haven’t seen good results. Lowe’s is hoping to change that by offering services from Sungevity and investing in Sungevity. Read more »
A few years ago, solar-loving venture capitalists were excited to talk about solar cell and panel makers with novel manufacturing processes that could make them industry giants. Today, they want to talk about software, services and materials that don’t require hefty capital investments. Read more »
Will solar panels generate buzz like a Tesla Roadster or boredom like an efficient water heater? Solar service providers are hoping for a Tesla response, and are increasingly turning to social media tactics in an attempt to create engaged communities around the sunny clean power. Read more »
As the consumer solar market grows, so will ideas for building a solar retail empire. Solar Universe certainly has that goal in mind, and it’s announcing Tuesday a $7 million equity investment to expand its franchise network. Read more »
Greentech marked its best year ever in 2010, and part of that is thanks to the wealth of activity across sectors during the fourth quarter. Global investment in clean energy surged, and while wind power remained the biggest greentech area, solar power saw the fastest growth. The energy efficiency sector appears to have more room for smaller players to make their mark amidst a rapidly maturing market. Meanwhile, China’s stance as a growing greentech giant continued to complicate its relationship with the United States. Companies mentioned in this report include General Electric, Intel, ZigBee, iControl, People Power and EnerNOC. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
A couple of years ago, startup Sungevity set out to provide hassle-free services for homeowners who want to install solar electric systems. Looks like its strategy has paid off: On Wednesday, the company announced it has raised another $15 million. Read more »
Sungevity, a Berkeley-based startup that uses Internet and satellite images to reduce the cost of installing solar power on homes, says it’s ready to take on the rest of the state. The company, which has focused mainly on installing solar in Northern California so far, announced […] Read more »
