02 Jul '11, 12pm

Google's bright $280M investment

Lovely. Although this is Google’s first investment in residential solar, the $280 million backing of SolarCity brings the company’s clean energy investment grand total to a staggering $680 million. There are currently 15,000 SolarCity projects completed or underway and the young company — founded just five years ago by Lyndon Rive, a South Africa native, underwater hockey enthusiast, and cousin of Mr. Electric Car himself, Elon Musk of Telsa Motors (Musk is also chairman of SolarCity) — has already racked up numerous accolades and awards including being named 2010 Green Power Supplier of the Year by the Department of Energy . Get more on the nitty gritty of this historic partnership over at the official Google blog or at SolarCity . Or just check out the above announcement video —complete with creepy robo-narration — for the details of the Google/SolarCity investment in an...

Full article: http://www.mnn.com/your-home/at-home/blogs/googles-bright...

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