Real Goods Solar, which installs solar panels on homeowners' rooftops, filed paperwork on Thursday to go public with the goal of raising up to $57.5 million.
The company, now a subsidiary of environmental lifestyle company Gaiam, said it is the largest installer of grid-connected solar panels in California. It also operates in Colorado, where it is based.
The company was founded by John Schaeffer, who learned about solar electricity while living off-grid in a California commune in the 1970s.
It had revenues of almost $19 million last year. Including revenue from two installers it acquired, it had estimated 2007 … Read more