Tag: solarcity
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SolarCity launching two funds to back $347 million in new solar projects
SolarCity Corp. has partnered with Citi to create two separate funds to finance more than $347 million in solar projects. The first fund is expected to finance more than $284 million in residential solar projects across the U.S. The second fund is expected to finance approximately $63 million in projectsRead More — Solar Builder magazine
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Consumer watchdogs call out solar leasing, urge FTC to ban arbitration clauses
Solar leases, while diminishing in the market and will eventually give way to loans, are still the most common residential PV system funding model at this moment. They have obvious downsides for a homeowner, but a consumer watchdog group founded by Ralph Nader, Public Citizen, is calling out a less discussedRead More — Solar Builder magazine
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SolarCity completes 4.7-MW solar project for Army family housing
More than 18,000 solar panels were installed at Army family housing thanks to Balfour Beatty Communities and SolarCity. The solar panels are installed on multi-family housing, community centers and maintenance facilities at Fort Detrick, Maryland and Fort Carson, Colo., to provide power to approximately 1,200 housing units across the twoRead More — Solar Builder magazine
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The next big product push from SolarCity? Solar roofs
Following its merger with Tesla, there’s been renewed interest in the direction of SolarCity. The obvious next step is a big push to solar-plus-storage solutions and installations, but on the company’s second quarter earnings call this week, Chairman Elon Musk announced that SolarCity will start to produce solar roofs asRead More — Solar Builder magazine
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SolarCity, Tesla make things official and merge to focus on solar+storage
Are you sitting down? SolarCity and Tesla will be joining forces to ramp up efforts on a big-time solar-plus-storage rollout in the U.S. The announcement was only a matter of time and makes a ton of sense for both companies. Here is the official word from Tesla’s blog: Now isRead More — Solar Builder magazine