solar industry

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Sungevity Finds a New Buyer

After another round of employee layoffs, the company files for bankruptcy

Posted on Mar 15 2017 by Scott Gibson

Sungevity, a California-based solar company, has laid off more employees and filed for bankruptcy protection from creditors, a report in The Mercury News said.

Once listed fifth in market share by GTM Research, the company has laid off some 410 employees since the start of the year. It filed for Chapter 11 protection on March 13, and arranged for the sale of its remaining assets to an investment group.

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Image Credits:

  1. Mike Mozart / CC BY 2.0 / Flickr

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Solar Jobs Are Booming

One of every 50 jobs created in the U.S. last year was in the solar industry, while installed solar capacity nearly doubled in one year

Posted on Feb 16 2017 by Scott Gibson

More than 260,000 workers in the U.S. have found employment in the solar industry, with 51,000 jobs added to the workforce in 2016 alone, according to a new report from the non-profit Solar Foundation.

Among the highlights:

  • Of all the jobs created in the U.S. last year, 2% of them were in the solar industry.
  • Solar jobs have grown at a 20% or more clip every year for the past four years and have almost tripled since the first census report was completed in 2010.

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Image Credits:

  1. National Renewable Energy Laboratory

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