SolarCity ticks off its many accomplishments in 2013 — including a pioneering move to sell notes backed by its solar projects — while it faces tougher competition from rivals who also are beefing up their financing and installation services.
Startup View raises a whopper of a round from the private equity firm associated with the Walmart heirs. Can another $100 million deliver on-demand tinting windows across the country?
SolarCity is one of the leaders when it comes to installing solar panels on home owner’s rooftops. But the company’s $31 million loss, in its latest quarter, shows the growing pains for the retail solar players.
If NRG Energy starts offering solar leasing options to home owners and small businesses, it would represent the mainstreaming of solar roofs and also likely disrupt the current sector filled with a variety of smaller players.
Solar-as-a-service is dominating the market for home solar panel systems and the companies that pioneered these financing models are now seeing the pay back for those early moves.
Buying solar electric equipment takes a lot of time, and good information can be hard to come by. A startup in Massachusetts plan to launch a solar shopping portal that it hopes will make solar shopping far less painful.
Following the IPO of solar installer SolarCity last month, Sungevity announced that it’s raised $125 million in a combo of equity and project financing. The company does sales, marketing, system design, and financing for home solar panel systems, which saw a boom year in 2012.
Investors may not be so keen to put money into solar manufacturing these days, but they are pumping quite a bit of money into the solar retail sector. Sunrun is benefitting from this investor sentiment and announced Wednesday that it’s raised a $60 million in equity.
The federal government’s decision yesterday to slap fairly hefty tariffs on Chinese solar panels has prompted worries about a big rise in costs for consumers to go solar. But the impact will not likely be as significant for two reasons.
Gen110 started out as a solar sales and marketing company in 2009, and now it plans to add other residential energy services and has lined up Kleiner Perkins Caufield & Byers as an investor to help its expansion, Gen110 said Thursday.