By John Foley
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Most discussion of solar energy in the U.S. is focused on the large, centralized photovoltaic installations that are going up in the sunny parts of the country. But there is another rapidly growing area in site-based residential or commercial solar installations. Traditionally these small installations have been hard to finance, but there are some powerful new mechanisms that may accelerate growth.
Lightspeed Venture Partners' Andrew Chung is heading to Khosla Ventures, where he will focus on the cleantech and information-technology. At Lightspeed, he oversaw investments in biofuel company Solazyme, solar company Stion, and clean coal company Coaltek, among others. Chung will help fill the shoes of cleantech partners Jim Kim and Alex Kinnier, who left Khosla last month.