Solar Power Inc.’s Residential Business Acquired

Solar Power Inc. has reached an agreement to sell its residential business serving Sacramento, Calif., to Paramount Energy Solutions. The company's Roseville-based operation, doing business locally as Yes! Solar Solutions, serves the residential solar market in Sacramento, Placer, Yolo and El Dorado counties.

Solar Power Inc. says it will now focus on large-scale distributed generation and utility-scale solar developments. Paramount Energy Solutions provides financing, custom design, solar installation, permits, rebate paperwork and ongoing solar system monitoring from a single source through its partnership with SolarCity.

SOURCE: Solar Power Inc.

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