Following the Solar Mosaic model, it appears, leading installer SolarCity announces it will build a Web-based platform for individuals to invest in projects.
SolarCity says its new DemandLogic system will use intelligent management software and Tesla battery technology to trim peak demand for businesses.
SolarCity will build a 15-megawatt solar power array for Hawaiian Electric that will trim annual oil use by 1.8 million gallons per year and save $64 million over the plant’s lifetime.
The home security and energy management company Vivint is growing fast in the solar sector, using a door-to-door customer acquisition strategy.
SolarCity, the residential solar provider that went public with some skepticism, continues to grow outlandishly, and its stock has skyrocketed.
In a sign of how hot the residential solar market is, SolarCity says it will acquire Paramount Solar for around $120 million.
SolarCity decided doing retrofit work itself was not the best way to scale. Instead, it has turned from manpower to the power of big data.
Goldman Sachs will pump $500 million into SolarCity solar lease projects, backing 110 megawatts in installations.
The mainstreaming of solar continues: Honda is putting $65 million behind discounted SolarCity rooftop installations for its car buyers and dealers.
SolarWorld’s struggling U.S. unit, competing against cheap foreign competition, announces a solar leasing program that promises American-made panels.