SolarCity to Finance Residential Solar Projects with Investment from Google

2015-03-11
SolarCity(R) has created a fund that is expected to finance $750 million in residential solar projects with an investment from Google. The new fund will cover the upfront cost of solar panel installations for thousands of homeowners in 14 states and the District of Columbia, and make it possible for them to pay less for solar power than they pay for electricity generated by fossil fuels.
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