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PE HUB Second Opinion

In Second Opinion, Facebook is planning on building a $500 million data center in Texas, police raid the home of Subway pitchman Jared Fogle and Horizon Pharma makes a hostile $2.1 billion bid for Depomed.

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EnergySage takes in $1.5 mln Series A

Boston-based online solar energy marketplace EnergySage has secured $1.5 million in Series A funding. Launchpad Venture Group was the lead investor. The New York Angels and the Clean Energy Venture Group also participated in the round. In addition to the funding, Gail Greenwald of Launchpad Venture Group has been added to EnergySage’s board of directors.

RWE takes minority stake in Conergy-Reuters

Germany’s second-biggest utility RWE has bought a minority stake in solar group Conergy, hoping to expand its foothold in the embattled solar industry after having missed the trend for years, Reuters reported.

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Fidelity Growth Partners backs Greenlight Planet

Greenlight Planet, a solar energy distributor for off-grid homes in the developing world, has received $10 million in financing. Fidelity Growth Partners was the lead investor. As a result of the transaction, Kabir Narang, managing director of Fidelity Growth Partners India, has been added to Greenlight Planet’s board of directors.

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Solar energy firm Sungevity reels in $70 mln

Sungevity said Friday that it has raised $70 million in financing. Jetstream Ventures led the round with participation from E.ON and GE Ventures. Headquartered in Oakland, Calif., Sungevity is a solar energy provider.

Amid Bankruptcies, Solar Also Seeing Interest: UPDATED

Mitt Romney’s campaign jaunt last week to Solyndra’s shuttered headquarters and Konarka’s Chapter 7 filing drew attention to the solar industry’s most high-profile failures. But a look at recent funding data indicates that, if anything, venture investors in the solar sector are still pretty bullish.

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Another Solar Installer Verengo Gets $9.7M

The list of solar installation fundings gets longer with Verengo Solar Plus nabbing $9.7 million from Angeleno Group. The Orange, Calif., company is among southern California’s largest installers. Angeleno is a private equity firm investing in alternative energy and energy related companies. PRESS RELEASE Verengo Solar Plus Receives $9.7 million Expansion Investment from Angeleno Group […]

Solar Installers Are Hot Ticket, Raising Nearly $100M in Past 7 Months

Venture capitalists aren’t anxious to back solar panel makers, but it’s a whole different story if you’re in the installation business. Since last June, VCs have invested about $99 million in at least five solar panel installation companies. RockPort Capital Partners is the latest to jump into the sector, leading a $7 million Series B […]

Solar Bubble Deflates, But Exec Sees Opportunities in Monitoring Systems

Suvi Sharma wrestled $65 million from venture capitalists for Solaria Corp. in the third quarter to claim the largest solar financing of this year’s lethargic summer months. Even so, the president of Solaria is the first to admit the funding environment is tough and that the reticence of general partners may signal the end of […]

MiaSole About To Announce One of Year’s Largest Solar Rounds – Source

Solar module maker MiaSole will announce within two weeks “one of the larger solar financings this year,” according to a source familiar with the financing. The prospect of another large round for a solar company breathes new life into a sector many VCs view as over-invested. The news confirms a report last month that 9-year-old MiaSole […]

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