Standard Solar Obtains $8.5 Million and Completes Senior Management Team

Standard Solar, a Gaithersburg, Maryland-based solar system developer and integrator, recently announced that it raised $8.5 million from private and institutional investors.  The company said it will use the funds for geographic expansion and to support its ability to meet increased demand for its services — residential photovoltaic installations and small to mid-size commercial systems for businesses, schools, government agencies, … Read more

SunEdison Closes $161 Million in Financing

SunEdison, a Beltsville, Maryland-based solar energy services company, announced in May that it closed $161 million in financing with new and existing investors over the last six months.  This financing consisted of $131 million of private equity and $30 million of debt financing.  SunEdison indicated that these funds would be used to support the operational … Read more