“Almost a year after getting an earlier round of funding, Schenectady-based DSD Renewables, which makes solar farms and community power systems across the Hudson Valley and nationally, received a $250 million investment from Cox Enterprises. The BlackRock investment group owned 100 percent of DSD, but Cox has purchased $250 million worth of equity in … [Read more…]
“Distributed Solar — the Schenectady solar startup that spun off from General Electric earlier this year — has raised a $250 million fund from Morgan Stanley, Silicon Valley Bank and Fifth Third Bank to finance a portfolio of solar projects through 2020. The fund was raised after Distributed Solar Development announced in July that … [Read more…]
“The Schenectady County Metroplex Development Authority today announced that Distributed Solar Development will locate the company’s new corporate headquarters at Mohawk Harbor, Schenectady’s live-work-play waterfront development. Distributed Solar Development (DSD) designs, builds, owns and operates distributed solar and energy solutions for commercial, industrial and municipal customers. Incubated at GE’s Schenectady campus for seven years, … [Read more…]