cheap solar power

Sungevity, Rabobank Team Up with $75 million Residential Solar Leasing Fund

Pioneering one-stop residential solar systems provider Sungevity and Holland multinational Rabobank have teamed up to establish a residential solar fund that will support over $50 million of new residential solar lease projects around the US. Sungevity’s been growing fast lately: monthly sales have grown 10-fold since January while employee headcount has tripled to around 300.

Pinhead-Sized Solar Cell Will Create Hundreds of New Green Jobs

Solar start-up Semprius is on the verge of generating more than 250 new green jobs over the next five years with a new ultra-small solar cell that is half the size of a pinhead, called a high concentration photovoltaic cell. The company has just announced plans to build a new factory to make the cells in Henderson, NC, which has been struggling with an unemployment rate as high as 13.3 percent this year.