Recurrent, ProLogis team up for 4.8 MW of rooftop solar in Spain
Recurrent Energy, a rooftop solar power developer in the U.S., has branched globally, teaming with major warehouse builder ProLogis to turn thousands of square feet of roof in Madrid and Barcelona into a distributed 4.8 megawatt powerplant — large enough to electrify close to 4,000… Continue Reading
San Francisco to become solar powerhouse
A plan approved by San Francisco’s board of supervisors clears the way for a 5-megawatt photovoltaic array that would triple the city’s solar productivity. The energy it generates — enough to power 1,000 homes — will largely be used in government buildings like schools and… Continue Reading
Big money continues flowing to solar services, with $75M Recurrent Energy funding
In another sign of the torrid growth of solar services — the industry that moves solar cells from manufacturers to their new homes on rooftops and in utility installations — Recurrent Energy has secured $75 million from a private equity firm to expand its business.
Recurrent… Continue Reading
San Francisco solar project may pave the way for more municipal power plants
There has been plenty of noise lately about residential solar financing strategies, like SolarCity’s lease program and Sun Run’s power purchase agreements, in which a consumer agrees to buy power from solar panels on their roof without paying the hefty up-front cost for them. San… Continue Reading
Recurrent Energy raises $10M for another solar power project company
Mohr Davidow Ventures has invested $10 million in San Francisco’s Recurrent Energy, a company that structures the financing and operation of solar installations.
It is the company’s first round of financing.
JEM Partners also participated in the financing, according to a report in VentureWire today.
Energy Innovations loses another employee, despite Google solar deal
We’re not sure what is happening, but Energy Innovations has lost another employee, just days after announcing its contract to build the largest corporate solar installation in the U.S. at Google.
VentureWire reports (sub required) that Arno Harris, the general manager of EI Solutions, the unit… Continue Reading