SolarCity Corp. completed its first securitization of distributed solar loan assets, the company’s fifth securitization transaction to date. SolarCity completed a private placement in the amount of $185 million—$2.89 per watt of generation capacity in the portfolio—with a blended coupon interest rate of 5.17 percent and a blended yield rateRead More

SolarCity launched a new referral program called SunRaising that allows nonprofit organizations to raise funds by encouraging members to adopt solar. Nonprofits can enroll in the SunRaising program now by visiting the registration website. Each time a supporter of a specific SunRaising partner organization signs up, SolarCity will donate $200Read More

Johns Hopkins says it is time to start producing some of its own affordable, reliable energy. But due to lack of roof or ground space on current facilities for such a large-scale solar project, Johns Hopkins chose a remote solar arrangement that could still provide its facilities with affordable power.Read More

Following the decision by Governor Brian Sandoval’s Public Utilities Commission (PUC) to drastically alter Nevada’s rooftop solar industry, SolarCity announced that it has been forced to eliminate more than 550 jobs in the state. Where possible, the company will relocate affected employees to business-friendly states. The PUC’s decision is makingRead More

SolarCity followed up on its claim that it would cease doing business in Nevada if the state’s Public Utilities Commission voted to approve of a new tariff that would retroactively apply to all net metered solar residents. Here is the original story for background. “This is a very difficult decision butRead More

Nevada is on the verge of voting on a drastic change to its rate structure that would retroactively affect anyone who has already installed solar based on the original net metering tariff. Residents and several solar CEOs are unhappy with this sudden change in direction. From the Las Vegas Review-Journal:Read More

A whirlwind of new technology improvements are appearing in solar modules made by the world’s leading manufacturers, with common goals of improving performance and efficiency, while holding costs down to the bare bone. Many of these advances were touted during the recent SPI show in Anaheim, where manufacturers vied forRead More

SolarCity sent out a press release claiming to have built the world’s most efficient rooftop solar panel, with a module efficiency exceeding 22 percent. SolarCity says the panel generates more power per square foot and harvests more energy over a year than any other rooftop panel in production, with its eye onRead More

  On its face, adding a storage component to a solar system just seems to make sense. Why not save up energy when the sun’s power is abundant and then use it at times of peak demand or at night when there is no sun? The idea is almost tooRead More

SolarCity announced a smart energy homes demonstration project in partnership with the SunSpec Alliance and Southern California Edison, where SolarCity will install rooftop solar PV, batteries, controllable thermostats and smart inverters on 50 homes in the Southern California Edison territory. The team will demonstrate how smart energy homes, combining numerousRead More