Co-author Van Hilderbrand
By all measures, the solar industry continues to grow. Recent data reveals tremendous growth in the industry, both in the U.S. and globally. Also, activity in various states shows that the deployment of solar continues to increase, even in places that are not traditionally hotbeds for solar installations.
Last week Vivint Solar registered for its initial public offering. Valued at $200 million, this looks to be the latest in a series of success stories in the residential solar market. The Vivint announcement follows the very successful run in SolarCity stock since its IPO in late 2012. This spring OneRoof Solar went public on the TSX exchange in Canada, followed by Direct Energy’s acquisition of Astrum Solar this summer. Rumors of another, even large residential solar company filing for a public offering are swirling around the industry.