Solar installer Sungevity signs deal for $50 million worth of solar leases, enough for a couple thousand installations of bank-financed residential rooftop solar panels.
Home improvement retailer invests in Sungevity and will offer its solar panel quote service in store displays later this year.
The start-up, which cracked into residential solar with a 24-hour quote based on satellite images, gets $15 million to expand nationwide.
Sungevity, which offers a Web-based system for evaluating the solar potential for homes through satellite data, wants to be the Dell of solar panels.
Solar panel prices have fallen 20 percent so far this year, which is brutal for producers but beneficial for people considering buying or leasing solar panels.
Consumers and business owners seeking to install solar power can turn to these Web sites for interactive maps and cost estimates.
Report shows that the pipeline for non-residential solar projects has jumped since the beginning of this year in part because of rapidly falling solar panel prices.
Ever thought of putting up solar panels? Check out RoofRay, a tool that helps you do the math.
At Web 2.0 Summit Launch Pad, where Web 2.0 execs pitch their companies as fast as they can, Web sites take on lofty goals.
You'd do better to put $2 million in 100 Web start-ups than $200 million in one energy company, says Steve Jurvetson.