30 Oct '15, 9am

SolarCity Books Record 237MW in Q1, Still Set on 1M Customers by 2018 #GreenTech

SolarCity Books Record 237MW in Q1, Still Set on 1M Customers by 2018 #GreenTech

In an interview a few years back, Lyndon Rive, co-founder and CEO of SolarCity, bristled at the company being referred to as a solar installer or financier. He insisted that SolarCity is a distributed generation provider and more akin to a power company than a solar installer. This afternoon, SolarCity posted another strong quarter, added some new key financial metrics, and suggested that SolarCity is more akin to two types of companies -- a development company and a power company. (During the recent Tesla battery gala, CEO Elon Musk intimated that there are two Teslas, the car company and the energy company. Take note.) SolarCity's development company sells and installs solar and energy storage. The power company provides financing and harvests 30 years' worth of energy production/asset yield. In Q1 2015, SolarCity, the development company, booked 237 megawatts, a new rec...

Full article: http://www.greentechmedia.com/articles/read/SolarCity-Boo...

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Brace Yourself For Same-Day Rooftop Solar, SolarCity Joins Race To Cut Costs

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cleantechnica.com 01 Nov '15, 11pm

Last week the US Energy Department tapped five teams to compete in the new SunShot “Race to 7-Day Solar” prize. The friend...