Oakland, California Attracts Solar Energy Entrepreneurs
Posted On 25 Feb 2014
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NY Times, “Solar Industry Jump-Starts a Revival in California, February 25th, 2014
Article Summary:
Thanks to the efforts of solar services company Sungevity, Jack London Square in Oakland, California is being revitalized as a “solar campus”. Sungevity founder, Danny Kennedy created SfunCube, an incubator-accelerator program hoping to attract other innovative solar start-ups to the area.
- Companies residing in the SfunCube space work to further the goal of speeding up the adoption of solar energy
- Speeding up solar adoption involves bringing down cost to consumers
- Entrepreneurs given space in the program for 9 months
- Entrepreneurs given access to free legal and financial advice, networking services and capital
- Oakland is home to many high-tech and green energy companies but the idea for innovation on one site is unique.
- Oakland City officials working with SfunCube executives to ensure that city residents have access to benefits of growth