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Intersect Power

Venture capital support for solar blossomed during the first half

The $800 million of private backing secured by Californian residential solar finance business GoodLeap helped the sector achieve VC and private equity funding of $1.6 billion in the first six months of the year, up from just $210 million a year earlier.

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Texas moves closer to merchant solar

Intersect Power has gone live with news the company has 1.7 GWdc ready for construction in Texas and California, including a project which holds a hedge and no power purchase agreement.

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