Google today announced a new partnership with SolarCity, committing $280 million from its coffers to finance SolarCity installations, namely solar rooftops for homes in North America.
The partnership brings Google employees a discount on residential solar installations and services from SolarCity. On a worldwide basis, according to the company’s last quarterly earnings report, Google employs… → Read More
On Wednesday, SolarCity added $158 million to the pool of funds that it uses to finance, design, develop and install commercial or residential solar power projects in the U.S. The latest fund came through a partnership with U.S. Bancorp (a subsidiary of U.S. Bank) and gives SolarCity more than $1 billion in financing capacity… → Read More
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.
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… → Read More
In retrospect, Tesla may have been cleantech’s Netscape moment. It didn’t get off to the world’s greatest start, but like a few other venture-backed IPOs, lately it has been trading at nearly double its opening price.
Meanwhile, a few other cleantech companies have filed S-1s and several more are waiting in the wings, watching to see what the market does. To continue the Netscape analogy, 2011… → Read More
Solar City, a company that designs, installs, and leases out solar power systems to home and business owners, announced that it will bring renewable electricity to some 30 Wal-Mart stores in California and Arizona.
Chief executive and founder of Solar City, Lyndon Rive [pronounced like “five”] spoke with TechCrunch about helping Wal-Mart go greener, what his company looks for in solar… → Read More
SolarCity today announced that it is taking a $21.5 million round of funding led by Mayfield Fund, and the company’s previous investors Draper Fisher Jurvetson, DBL Investors and Generation Capital. The company’s prior funding totaled approximately $134 million, and included investors First Solar, JP Morgan and Elon Musk.
SolarCity helps businesses, home owners and government agencies adopt solar… → Read More