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.
Three weeks after going public, solar provider SolarCity says it did more business in 2012 than expected, and forecasts installations to grow 60 percent this year.