29 Jul '15, 9pm

SolarCity installs record 189MW in Q2

SolarCity reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers. Image: SolarCity The company noted that it expect installs in the third quarter to reach a record 260MW, representing growth of 89% year-on-year.Image: SolarCity Financials SCTY NASDAQ 57.90 -0.15 (-0.26%) 12:59PM EDT The largest US PV installer, SolarCity, reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers. SolarCity reported second quarter 2015 installations of 189MW, compared to 153MW in the seasonally weak first quarter, up 77% year-on-year. The company added 44,900 customers in the quarter. Residential installations totalled 168MW in the second quarter, up 86% year-on-year. On a regional basis, installations in California continue to dominate and grew 97% year...

Full article: http://www.pv-tech.org/news/solarcity_installs_record_189...

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