SolarCity
From Wikipedia, the free encyclopedia
SolarCity, ranked by the California Energy Commission as the fastest growing solar installation company in California, provides metropolitan markets with community-based solar programs:[1]
- "By encouraging entire neighborhoods to convert to solar, residents receive guaranteed low price. A recently-concluded solar program in Mountain View, for example, increased total solar adoption by 3.3 times the amount compared to the number of systems installed in 2006-2007. SolarCity is also donating installations of 1 kW solar demonstration systems at local schools to further build community awareness and understanding of the potential of solar energy."[2]
SolarCity has closed its largest round of fundraising to date with $21 million in new investments. Leading the financing was Draper Fisher Jurvetson, with additional contributions from JP Morgan and Elon Musk, Chairman of SolarCity. The funding will support expansion into new markets.[2]
