Real Goods Solar Living Source Book : when it sold the very first photovoltaic module in America. Real Goods hosts the annual SolFest at its Solar Living Center headquarters in
The Real Goods Solar Living center is the vision of John Schaeffer, the founder of the sustainable products company Real Goods. Located about 90 miles north of San Francisco, the center encompasses three distinct elements: The 5000
The new retail store and educational center of the renewable energy and healthy living company Real Goods Trading Co. is, in many ways, a revolutionary building (see Case
The board of Real Goods Solar fired CEO Dennis Lacey and "determined to cease all business activities, to terminate all of the company’s employees, and to commence a plan of action" to file for Chapter 7 bankruptcy in Colorado, where the company was headquartered. The company's share price had been in the tank for years.
What it doesn't talk about is how RG was a known con among other, more altruistic grass-roots companies in the solar industry. Their very existence was thought to do more harm than good to the industry.
A decade earlier, Real Goods Solar grew organically and through acquisition and pulled in tens of millions of dollars in revenue. Four decades ago, the company helped kick off the residential solar phenomenon by supplying panels to off-grid dwellers in the remote forests of Mendocino County, California.
Blessed with a pile of cash at a time when few solar installers had it, RGS went on a buying spree. It acquired regional installers including California outfits Marin Solar, Carlson Solar, Independent Energy Systems and Regrid Power, and it later absorbed New England's Alteris Renewables.
"Financial maneuvers helped prolong RGS Energy's life. Through 2016 and 2017, it repeatedly raised multimillion-dollar sums through common stock offerings. But by that time, the stock price had entered terminal decline.
There is still a legacy product installed in the solar PV and these long lasting products do not adopt particularly well in the consumerist corporate world of the latest/greatest smart phone, computer, TV, Video game etc..
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.