Residential solar installer Posigen files for bankruptcy
The company ceased most of its operations in August and officially filed Chapter 11 bankruptcy protection in late November.
Residential solar installer PosiGen ceases “most of its operations”
The company announced permanent layoffs and facility closures, citing failure to secure raise long term capital.
People on the move: Blue Current, Green Lantern Solar, PosiGen and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
PosiGen procures $250 million debt facility to fund energy communities projects
The new funding commitment will provide expansion into additional markets nationwide for PosiGen, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy.
Creating success and energy justice in community solar markets
With risks to developers, challenges for LMI customers, and public utility opposition, community solar is still expected to expand throughout Mid-Atlantic states, noted experts at the SEIA Finance Tax and Buyers Seminar held this week in New York City.
People on the Move: PosiGen, Power Factors, Ulteig, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
People on the Move: NYSERDA, PosiGen, Cypress Creek Renewables, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
People on the Move: Scout Clean Energy, PosiGen, QOS Energy, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Ohio regulators set hearing for proposed 350 MW solar project
Also on the rise: PosiGen, a provider of solar PV and energy efficiency solutions to low-to-moderate income households announced the close of a $100 million preferred equity financing. iSun receives its largest order yet for solar canopies for EV charging stations. Recurrent Energy completes sale of Firefly Energy solar project in Virginia. Solar Energy World, energyOrbit, and Fusion Fuel Green announce new hires.
PosiGen closes $100 million preferred equity financing
Magnetar Capital was the lead investor and will name two new members to PosiGen’s board of directors.
