Tesla Corporation voted yes for the SolarCity Deal. It happened on Thursday in San Francisco.
SolarCity
Despite low growth in the panel industry, SolarCity chairman promotes and opts to sell better-looking solar roofs.
Solar panel provider SolarCity has sold $235 million in asset-backed securities (ABS) market this year. The number is a record high despite a steep drop of the company's shares in stock market.
Nevada governor Brian Sandoval get pressured after a group of 18 venture capital investors reverse new fees on solar homes that state utility regulator made effective on Jan 1. The regulation will give direct impact to development of solar energy and threaten future investment, the investor, and also the job cuts in the state.
Google launches Project Sunroof in San Francisco, Fresno and Massachusetts. The project uses high-resolution aerial mapping and local weather guide to identify the amount of sunlight that hits the roof and how much dollars homeowners will save for the whole year.
Tesla Motors Inc (TSLA.O) on Thursday unveiled Tesla Energy - storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry.
Arusha, Tanzania-based solar energy provider Off Grip Electric scored $7 million in a funding round led by Vulcan Capital, SolarCity, and Omidyar Network to power homes with prepaid electricity.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Buyers of new homes in CastleRock Communities would be having the choice of equipping their homes with solar power with the agreement signed by the homebuilder and solar power provider SolarCity.
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