Sentences with phrase «panel installer solarcity»

Residential solar panel installer SolarCity Corp. forecast a bigger - than - expected loss for the first quarter Tuesday as installations fell short of its target.

Investors, meanwhile, aren't thrilled with Tesla's plan to pay US$ 2.6 billion for solar panel installer SolarCity, run by Musk's cousin, lest it distract Musk from the missions at hand.

Solar panel installer SolarCity, which is being bought by Tesla Motors, said it had raised $ 305 million in a cash equity transaction advised by billionaire investor George Soros» hedge fund.

Tesla (tsla), which is buying solar panel installer SolarCity (scty) for $ 2.6 billion in shares, unveiled the massive battery factory, the Gigafactory, in Nevada last week.

Musk helped launch solar - panel installer SolarCity over a decade ago, and his cousins Lyndon and Peter Rive have since built the company into the largest solar installer in the U.S., with 300,000 solar customers.

It's unclear how Google will commercialize its self - driving technology, and Tesla is both attempting to merge with solar - panel installer SolarCity and meet a 2016 vehicle - delivery target of 80,000 to 90,000 cars.

Not exact matches

Finally, SolarCity, a mere 12 months after its founding, is one of the country's largest installers of home solar panels, making the often - cumbersome process of switching to renewable energy as easy as buying a Dell.

In June, Tesla proposed buying SolarCity, the largest home solar - panel installer in the U.S., in an all - stock deal worth around $ 2.45 billion.

That's according to a feature by Fast Company's Austin Carr that details the story of SolarCity's rapid ascent in the early 2000s, its downfall, and the skepticism surrounding Tesla's eventual acquisition of the solar - panel installer.

But what was bad for solar - panel manufacturers was good for solar installers like SolarCity — and for consumers.

The owner of 12 Tesla shares wrote this would minimize conflicts and brought up the acquisition of SolarCity Corp., a deal that was criticized in part because of Musk's links to the money - losing panel installer.

SolarCity is among the largest installers of rooftop solar arrays on Long Island and the U.S. Cooper said construction of the solar - panel plant is «proceeding well, and we are looking forward to working with New York state to accelerate the full - scale production schedule.»

Federal investigators looking into the Buffalo Billion have requested information from SolarCity, the California - based rooftop solar energy systems installer, whose solar panel factory in South Buffalo is the keystone of the state's high - profile economic development initiative.

SolarCity is the country's largest solar panel installer, but it has never made its own solar panels before.

As of now and since before the acquisition by Tesla, SolarCity, like most solar installers, used solar panels from several different suppliers for its residential and commercial projects, but that's about to change.