For the everyday solar enthusiast, the past two weeks have been a handful with more developments and announcements than one can count. A solar device that purifies water, steep solar growth in Virginia thanks to a green-happy Governor and news of layoffs for SolarCity following the company’s acquisition by Tesla are the headlines that caught our eye in this week’s Solar Energy News Report.
Following the news of Tesla’s acquisition of U.S. solar installer giant SolarCity, the world has been keeping a close eye on Elon Musk and his two prosperous clean energy ventures.Tesla and SolarCity, electric cars and solar panels – a two-front war waged against grid reliance and energy dependence. In 2016, Musktopia is both expanding and constricting as two of the tech entrepreneur’s five companies are joining forces around one common goal: decimating your carbon footprint.
In the past, solar was out of reach for most homeowners. Loans were difficult to access, and upfront equipment and installation costs were too high for most people to pay in cash. By bringing the third-party lease to the solar market, SolarCity made solar accessible to the masses and enabled homeowners to go solar with no money down. In October 2014, SolarCity launched its first solar loan option: the MyPower loan product.
The solar industry has been abuzz in the wake of the proposed Tesla-SolarCity merger, and a number of exciting developments surfaced this week in response. An IPO announcement from solar installer Sungevity, SunPower’s latest record-breaking panel efficiency and a clean energy pact between Canada, Mexico and the U.S. are the key stories from this week’s Solar Energy News report.
Although this past week saw a number of exciting developments in the solar industry, two words were spotlighted in every major headline in solar: Elon Musk. Tesla Motors’ possible acquisition of SolarCity, the projection for sixfold growth of solar by 2030 and news of regional installers’ growth outpacing the top solar companies are the leading stories from this week’s Solar Energy News report.
SolarCity vans line up outside of their Foster City, CA headquarters. Source: Wikipedia.org
Solar adoption is skyrocketing in the United States. Partly responsible for this surging uptake is one of the oldest industry drivers: word of mouth marketing. The SolarCity Ambassador Program, EnergySage Rewards Program, and others are a big part of this growth. Continue reading →
If you’ve ever thought about installing solar panels on your home, you’ve probably heard of SolarCity. Headquartered in San Mateo, California, SolarCity is the largest solar company in the country, and primarily offers solar leases and power purchase agreements (PPAs) to homeowners. Do you have a SolarCity proposal in hand? Read on for a guide on how to evaluate your SolarCity quote.
Solar sustainability and innovation made for big headlines this week thanks to new research and development in the world of solar tech. MIT’s major breakthrough in solar cell technology, exciting improvements in solar cellphone charging and Chile’s new renewable subway system are the key stories from this week’s Solar Energy News Report.
Adoption of renewable energy technologies has exploded across the world in recent months, and thanks to the bright summer sun at our doorstep, solar growth shows no sign of stopping. News of Prince’s solar energy advocacy, SolarCity’s newest loan product and 90 percent renewable energy generation in Germany are the headlines we’re reading in this week’s Solar Energy News report.