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Rooftop Solar Facing U.S. Consolidation as `Weaker Hands' Fold

  • Demand for residential power systems is slowing in U.S.
  • ‘Likely see more acquisitions or bankruptcies,’ BNEF says
Updated on

It’s not the best time to be a midsize U.S. rooftop solar company.

Growth is slowing nationally, especially in California, the biggest solar market. Interest rates are creeping up. As larger rivals gain share and expand into new cities and states, some of the smaller ones are looking like possible takeover targets or closing down.