Silicon Valley Bets on Solar Startup as US Sector Shrinks

Bloomberg TechnologyThursday, October 16, 2025 at 11:00:00 AM
PositiveTechnology
Silicon Valley Bets on Solar Startup as US Sector Shrinks
Silicon Valley is showing strong support for a solar startup, investing $75 million to help it install home solar systems and batteries for an innovative electricity subscription service. This investment comes at a time when the residential solar market is facing challenges, highlighting the confidence investors have in the potential of solar energy solutions. As the demand for sustainable energy sources grows, this startup could play a crucial role in reshaping how consumers access and utilize solar power.
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