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.’