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Off Grid Electric Raises $16M To Let Africans Pre-Pay For Solar Energy Just Like Phones
How do you pay for solar energy if you don’t have a credit card or bank account? Thanks to Off Grid Electric, people in the developing world can pay as they go for installed solar power systems electricity the same way they top-up their phone minutes. Now, thanks to $16 million in new funding from American solar finance and installation giant SolarCity, Off Grid Electric is pushing to… Read More
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SolarCity Ends The Day Up 17.58% After It Purchases Silevo, Announces Manufacturing Plans
Shares of SolarCity jumped 17.58 percent in regular trading today, as investors applauded its decision to purchase solar-panel manufacturer Silevo, which had plans to build a factory in New York. SolarCity intends to build the plant and scale it to “capacity greater than 1 GW within the next two years.” Read More
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SolarCity Acquires Silevo To Become A Large-Scale Solar Panel Producer
Elon Musk’s SolarCity has acquired Silevo, a solar panel manufacturing and design firm that produces low-cost, high-output photovoltaic cells, the company announced today. The deal will help SolarCity “achieve a breakthrough” in solar power pricing thanks to “massive economies of scale,” according to a blog post on the SolarCity website.
Already, the company is… Read More
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