Sol Systems Adds Three to Team

Sol Systems, a Washington, D.C.-based solar finance firm, has added two people to its board of advisors: Jonathan Silver and Ed Feo. Silver has worked within the federal government, leading investments in clean and renewable energy; he has also cofounded a venture capital firm called Core Capital Partners. Feo is the managing director of USRG Renewable Finance, the renewable-energy-focused private equity firm.

Sol Systems has also hired Stephanie Smith as general counsel and EVP for operations. Smith was previously an associate at Cooley LLP.

Reuters: Venture Capitalist Silver Leaves DOE Loan Program After Solyndra Failure

WASHINGTON, Oct 6 (Reuters) – The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support. Jonathan Silver, a venture capitalist who had also worked for the Clinton administration, was leaving because […]

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Tens of Billions in Loan Guarantees Targeted at Cleantech Companies

The Department of Energy plans another big year of guaranteeing loans for renewable energy projects. In the past 14 months, the DOE’s largest loan guarantee program (called Section 1705) awarded almost $26 billion to 23 renewable energy projects being run by companies such as BrightSource Energy and Abound Solar. The program has the financial assets […]

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