pvbuzz-featured-image
#1 solar industry-focused newswire. We specialize in news reports/analysis and cutting edge R&D discoveries.

An executive of a San Francisco Bay Area solar energy company pleaded guilty to what federal prosecutors said was a massive Ponzi scheme that defrauded investors of $1 billion.

Ryan Guidry, 43, of Pleasant Hill entered pleas involving the scam and money laundering. He could face up to 15 years in federal prison.

Guidry was vice president of operations for DC Solar, based in Benicia, northeast of San Francisco. The now-defunct company made solar generators mounted on trailers to provide emergency power for cellphone companies.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Stop & Shop to convert 40 of its stores to microgrids in preparation for severe weather and power outages

Previous article

Renewables investment hit a record high last year—under Trump

Next article

You may also like

Comments

Comments are closed.

More in News Watch