“Holy cannoli,” exclaimed a noted, usually more articulate GTM Research analyst.

Sungevity made a splash in the news this week (the above quote being one of our favorite reactions) with the announcement of our most recent funding round. The $650 million investment was led by Apollo Investment Consortium and also included funds from long-standing investors like GE Ventures. This marks the biggest raise of a private company in the solar industry in 2015, and will help fund 400 megawatts of solar energy installations over the next three years. That’s equivalent to installing solar on approximately 80,000 homes!

Read more about the announcement in the news:

Posted by Leslye Penticoff

Leslye is the Content and Community Manager for Sungevity. She's also an avid coffee drinker and rock climber, and serves on the Board of Directors at Margination, a nonprofit in Troy, NY.