Google just made its largest investment ever in renewable energy when it committed $300 million to a SolarCity investment fund to finance rooftop solar installations for U.S. homeowners.
2014 was a great year for green job growth at SolarCity: we added 4,000 new hires to our team, and have hit over 9,500 employees to date.
Today we announced the creation of a new fund that will finance $750 million in solar projects—including a $300 million investment from Google—and make it possible for homeowners across the U.S. to install solar panels with no upfront cost and pay less for the solar than they pay for electricity from the utility company.
Editor’s Note: Nancy E. Pfund is the founder and managing partner of DBL Investors, a venture capital firm that combines top-tier financial returns with meaningful social, economic and environmental returns in the regions and sectors in which it invests. Nancy is also a member of SolarCity’s board of directors.
Editor’s Note: Tim is SolarCity’s Vice President of Financial Products. He was the Co-Founder and CEO of Common Assets, a financial technology company acquired by SolarCity in 2013. His resume includes more than 25 years of investment, technology and government experience.Why is SolarCity selling solar bonds?
It’s been another amazing year at SolarCity with many huge milestones and accomplishments.
It’s easy to feel powerless in the face of global challenges like water pollution and climate change. But we are not powerless.
SolarCity’s team took 11th place in Hawaii’s Moloka‘i Hoe outrigger canoe race this year. Eleventh place. Not impressed? How difficult can anything be upon the sea in paradise, right?
You could call Otis Collier a veteran veteran recruiter. For the past decade, the former petty officer, first class, U.S. Navy, has worked as a recruiter helping fellow vets find jobs in corporate America.
Over the last few weeks we’ve been introducing the individuals joining SolarCity for a month-long mentorship as part of this year’s TechWomen, a program empowering the next generation of female leaders in STEM fields (science, technology, engineering, and mathematics) from Africa and the Middle East. Here’s our fourth and final emerging leader: