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Corporation
ENERGY & UTILITIES | Renewables / Solar
sungevity.com

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Stage

Growth Equity - II | Alive

Total Raised

$998.99M

Last Raised

$50M | 6 yrs ago

About Sungevity

Sungevity is a technology-driven solutions provider, offering service and choice to residential and commercial solar energy customers. Sungevity's asset-light business model focuses on value-added in-house services for software platform development, project management and customer experience; this focus is enabled by a strong, scalable network of third-party providers for asset-intensive and/or lower margin provision of hardware, installation services and financing.

Sungevity Headquarter Location

66 Franklin Street Suite 310

Oakland, California, 94607,

United States

510-496-5500

Latest Sungevity News

Residential Solar Market in US Research Report Highlights the Key Findings in the Area of Vendor Landscape, Key Market Segments, Regions, and Latest Trends & Drivers | Technavio

Nov 12, 2021

| Technavio News provided by Share this article Share this article NEW YORK, Nov. 12, 2021 /PRNewswire/ -- The latest global residential solar market in the US research report by Technavio infers that the increasing investments in renewable energy are driving this market's growth. Resulting in the market growth of USD 5.99 billion from 2020 to 2025, read additional information about the market. Fill Form and get a FREE sample report . Attractive Opportunities in Residential Solar Market in US by Technology - Forecast and Analysis 2021-2025 Vendor Landscape The market structure is expected to remain concentrated during the forecast period. Vendors operating in the market are adopting various marketing and growth strategies such as competitive pricing to compete in the market. Hanwha Group, LG Electronics Inc., Panasonic Corp., Sungevity Inc., Sunnova Energy International Inc., SunPower Corp., Sunrun Inc., Tesla Inc., Trina Solar Co. Ltd., and Trinity Heating & Air Inc. are some of the few key vendors of this market. Vendors are competing to maintain their market position in the market. Vendors are also trying to expand their market presence and strengthen their product portfolio by entering partnerships and launching new and innovative products. For instance, Tesla Inc. - In December 2019, Tesla's Model X became the first and only SUV to ever receive a 5-star safety rating in every category and sub-category from the US National Highway Traffic Safety Administration. View more  about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings. Key Market Segmentation The crystalline silicon will continue to remain the largest segment of the market in 2025. Request a FREE Sample  of this report for more highlights into the market segments Revenue Generating Segment The residential solar market share growth in US by the crystalline silicon segment will be significant during the forecast period. Crystalline silicon PV systems are the most widely used solar PV systems in the US. The modules of this PV system are built using crystalline silicon (c-Si) solar cells, which are highly stable, driving their demand. Also, C-Si PV system is the most widely used PV system in the residential sector due to the high-efficiency ratings and reliability of the cells. Latest Trends, Driving the Global Residential solar market in the US Residential solar market Driver: Increasing investments in renewable energy: One of the key factors driving growth in the residential solar market in the US is the increasing investments in renewable energy. The competitive cost of producing electricity and low carbon emissions from renewable sources has led to an increase in investments in renewable energy technologies in the US over the past years. Although making investments during the ongoing pandemic could be risky, owing to anticipated economic uncertainties, financial institutions and renewable energy development companies are investing in renewable energy. In May 2020, the US overtook China as one of the most attractive countries for renewables investment. Thus, the rise in such investments in renewable energy is expected to boost market growth in the near future. Residential solar market Trend: Residential energy storage: Residential energy storage as virtual power plants is another major factor supporting the residential solar market share growth in the US. With solar power prices spiraling down, there has been a steady increase in PV adoption, which has led to a continuous increase in the number of installations in the residential and commercial sectors. To overcome the problem of intermittency of solar power and have reliable, cheaper, and cleaner renewable power, solar PV is combined with battery energy storage systems, wherein both the systems complement each other to provide continuous power Find additional information about various other market drivers & trends mentioned in our FREE sample report . Need More? Are You Looking for Information Not Covered in This Report? Want to understand more about the various research methodology? Evaluate a specific segment or region in detail Identify key suppliers, customers, or other market players Analyze market regulations Tailor this report according to your needs. Get it done with our $1000 worth of free customization. Speak to Our Analyst Now! Related Reports: Renewable Energy Market -The renewable energy market share should rise by 98.40 GW from 2021 to 2026 at a CAGR of 8.46%. Download a free sample now! Solar PV Market -The solar PV market share is expected to increase by 142.64 GW from 2021 to 2025, and the market's growth momentum will decelerate at a CAGR of 15.24%. Download a free sample now! Residential Solar Market In US Scope Report Coverage Companies profiled Hanwha Group, LG Electronics Inc., Panasonic Corp., Sungevity Inc., Sunnova Energy International Inc., SunPower Corp., Sunrun Inc., Tesla Inc., Trina Solar Co. Ltd., and Trinity Heating & Air Inc. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. Customization preview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact

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The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Sungevity

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Sungevity is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

3,876 items

This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.

Sungevity Patents

Sungevity has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/28/2014

4/3/2018

Renewable energy, Energy policy, Photovoltaics, Solar architecture, Rotating disc computer storage media

Grant

Application Date

8/28/2014

Grant Date

4/3/2018

Title

Related Topics

Renewable energy, Energy policy, Photovoltaics, Solar architecture, Rotating disc computer storage media

Status

Grant

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