By offering financing and software-based energy assessments, SolarCity seeks to expand from solar to energy efficiency upgrades.
Targeting drivers of electric vehicles, the company will install ClipperCreek Level II chargers with solar option starting at $1,500.
Residential solar installer SolarCity acquires the residential business of GroSolar, in a move to offer its photovoltaic panel leasing in the Northeast.
SolarCity acquires Building Solutions, which will let it offer both solar panel installation and home energy-efficiency services.
Leases that cut the big upfront cost of solar-panel installation will become commonplace, argues SolarCity CEO. The company is betting on a high-tech, integrated approach to stand out.
Solar financier raises a tax equity fund that it says will allow the company to expand its solar financing option to hundreds of more customers.
First Solar puts $25 million into SolarCity, which will expand its solar panel leasing program to East Coast residential and small business customers next year.
The key to speeding solar power adoption is financing. Start-up offers solar panel leasing program in three states for a relatively small up-front fee.
With new city solar incentives, households in San Francisco can get solar power for less than the cost of electricity from the grid, leasing panels from installation start-up SolarCity.
Solar installer develops software to monitor, report in real time how solar panels are performing.