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Terawatt Inc., a residential solar company, says it has received a "significant" initial investment from private equity fund Sorenson Capital Partners.

The funding is expected to enable Terawatt to hire key talent, build a back-office platform and expand in the U.S. residential solar market.

"The United States has the potential to become a world leader in solar energy," says Richard Keiser, Terawatt's co-founder and CEO. "Terawatt is committed to bringing clean, affordable solar energy to all Americans. We are excited to have a world class partner like Sorenson Capital to help us achieve this goal."



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