07 Jan '13, 2am

SolarCity Ends Solid 2012 With More Installations, Hundreds Of New Jobs

SolarCity Ends Solid 2012 With More Installations, Hundreds Of New Jobs

One way you could tell where a market is headed is by looking at how well a top company in the industry is doing. That is no exception for the solar industry in 2012. Thus, SolarCity is a great company to take a look at to reflect on the solar industry today. The standout conclusion is that falling solar panel manufacturing prices have helped to boost solar installers. Image Credit: Solar City Car via WikiCommons (some rights reserved ) On Thursday, the company released its total installation figures for 2012, the first since the company went public in December. The company said it installed a total of 156 megawatts (MW) of solar energy in the 2012 fiscal year, and 47 MW in the fourth quarter of 2012. SolarCity originally expected 146 MW would be installed in 2012. When breaking down the data, residential installations made up most of the deployment, with 85 MW in the enti...

Full article: http://cleantechnica.com/2013/01/06/solarcity-ends-solid-...

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