Solar Spectrum and Horizon Solar Power Merge Under Sungevity Brand

by Allison Mond

On August 17, 2017, North Pacific Group, the owner of Solar Spectrum, acquired a majority stake in Horizon Solar Power, bringing both companies under the same umbrella with the Sungevity brand. The two companies will continue to operate separately, leveraging Horizon’s successful customer acquisition strategies and Solar Spectrum’s software which streamlines the installation process for the company as well as customers.

This brief report explains why this merger matters to the U.S. residential solar market.

This report is available only as part of GTM Research's U.S. Distributed Solar Service.


Allison Mond Senior Analyst, Solar

Allison Mond is a Senior Solar Analyst at GTM Research, focusing on the competitive landscape of the U.S. downstream solar market. Allison is the lead analyst behind the distributed Solar Data Hub, a tool which allows clients to manipulate and analyze city- and company-level data for distributed solar markets. Prior to joining GTM, Allison was a Senior Analyst at Compass Lexecon, an economic consulting firm, where she carried out research and data analysis for litigation and regulatory cases in the electricity and natural gas industries. Allison holds a Bachelor of Arts degree in economics from Colby College.

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