Atlanta’s Cherry Street Energy to double staff as demand spikes for solar energy

Solar energy startup Cherry Street Energy LLC, which sells power to the City of Atlanta and Emory University, is set to double its workforce and expand research and development following a $40 million investment.

Birmingham-based investment management firm EBSCO Industries Inc. led the investment. The raise will give the company access to provide solar energy to EBSCO’s portfolio of businesses, CEO Michael Chanin said.

Total funding for the company now stands at just over $100 million, Chanin…

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