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In 2001, Real Goods merged with the sustainable lifestyle company Gaiam in a stock swap worth $8.7 million. [2] Per the merger agreement, Real Goods shareholders received one share of Gaiam's Class A common stock for each 10 shares of Real Goods stock owned, [3] and Real Goods' headquarters moved to Broomfield, Colorado.
Real Goods Solar Inc. OTCQX: RGSE was a publicly traded residential solar power integrator doing business as RGS Energy. [2] The company established its roots as a provider of sustainable lifestyle products through its retail division, dating back to 1978, when it sold some of the first retail solar panels in the United States of America.
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Grid-connected buildings receive electricity from power plants, which mainly use natural resources such as coal and natural gas as energy to convert into electrical power. 2017's breakdown of world energy sources [6] shows that the globe, mainly dependent on grid power, uses a majority of non-renewables, while popular renewables such as solar PV and wind power are a small portion.
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