February 1st, 2011

Tale of Two Cities: Citigroup Commits $40 Million To Financing SolarCity Projects

SolarCity, a company that designs, installs and secures financing to put solar power generating systems in homes in North America, keeps reeling in the financial partners. This time, the San Mateo, Calif.-based startup convinced Citigroup to finance $40 million in U.S.-based home solar projects in 2011, a representative from Citigroup confirmed.

The chief executive of Solar City, Lyndon Rive… → Read More

January 25th, 2011

Solar Universe Raises $7 Million To Franchise Solar Installation

Solar Universe — a company building a franchise of solar installers across North America — raised a $7 million series b investment led by RockPort Capital, the company announced today. Abe Yokell, a principal with RockPort is joining the Livermore, California company’s board.

The founder and chief executive of Solar Universe, Joe Bono, said he was able to lock in the series b investment… → Read More