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  • Elon Musk, SolarCity Donate Power System To Gulf Coast Disaster Relief Group

    Lora Kolodny

    Lora Kolodny is a technology journalist. As of 2012 she works as a reporter for Dow Jones covering startups and venture capital. Her writing is also syndicated to the Dow Jones owned Wall Street Journal. Lora began reporting on business, technology and entertainment in 2002. She has worked as greentech writer and editor at TechCrunch, and as a staff reporter... → Learn More

    Monday, December 13th, 2010

    Serial tech entrepreneur and investor, Elon Musk, and SolarCity— providers of solar power system and energy efficiency design, financing, installation and related services— donated a solar power generating system to the Hurricane Katrina- and BP Oil Spill-effected community of Coden, Alabama the company announced today.

    The system consists of solar panel arrays attached to a battery back-up system that will allow the South Bay Communities Alliance (SBCA) Hurricane Response Center to produce its own power, reduce its cost of operations and maintain power in the event of an outage. The system, newly up and running, will produce an estimated 33,500 kilowatt-hours of electricity annually, which should offset close to 100 percent of the center’s electricity use.

    The SBCA center was formed by Bayou communities in 2006 after Hurricane Katrina left families there without power, food, clothing, water and protection from the heat.

    Paul Nelson, the SBCA’s executive director reported that President Obama’s administration recommended his grass-roots group as a worthy recipient of the project to Elon Musk who (through the Musk Foundation) provided the funds, and SolarCity.

    The Coden area is rebuilding from two disasters, today. More than 300 families were still suffering from storm-related home damage and losses when the BP oil spill occurred earlier this year, destroying the area’s natural resources and jobs.

    A representative speaking on behalf of SolarCity and company chairman Elon Musk, who is also the chief executive of Tesla Motors and SpaceX, said this project— and others they hope to pursue in 2011— would help people reduce their “dependence on the finite power sources that pollute our air and water and complicate our geopolitics.”

    Company: SolarCity
    Website: solarcity.com
    Launch Date: 2006
    Funding: $515M

    Founded in 2006, SolarCity is a full-service solar provider for homeowners, businesses and government organizations. It provides solar power system design, financing, installation, energy efficiency and monitoring services. SolarCity’s operations are in Arizona, California, Colorado, Hawaii, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Texas and Washington D.C. According to the company’s website, SolarCity’s founders believe that the environmental impact of energy production is one of the greatest challenges that our planet will face in the near future, and the...

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    Elon Musk (born June 28,1971) is an entrepreneur and a co-founder of PayPal, Tesla Motors and Space Exploration Technologies. He is chairman/CEO of Tesla Motors and SpaceX, and chairman of SolarCity. Musk was born and grew up in South Africa, the son of a South African engineer and a Canadian-born mother who has worked as a New York City dietitian and modeled for fun. His father inspired his love of technology and Musk bought his first computer at age 10...

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