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Solar Spectrum
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Short description

Solar systems integrator targeting the residential rooftop market

Founded in 2007
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Oakland, CA Oakland, United States
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Parent Companies Sungevity

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Updated by Tom Cain at Greener Capital Partners on 09/19/2012

Edited by Cleantech Group on 09/06/2021

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  • 1 M&A items
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Date Company
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Date Partner Type
09/14/2015
Viridian Viridian
Viridian has switched its solar partnership from SolarCity to Sungevity. Executives at Viridian and Sungevity referred to it as a better match in "culture."
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Confirmed by Viridian
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Date Investors Type Amount
04/26/2017 Northern Pacific Group Northern Pacific Group (1)
Post-money valuation of
The investment group includes Palo Alto-based Hercules Capital and DGB Investments, an investment vehicle led by Douglas Bergeron, former chief executive officer of VeriFone.
 Buyout / Late-Stage Private Equity
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Purchase

Customers purchase the panels (instead of leasing) and pay upfront for the full price of the solar PV system

 Wide Commercial Availability Products - Retail
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