rooftop_solar projects

$345 Million Raised By SolarCity In June And July For New Solar Projects

In addition to the $345 million raised in June and July, SolarCity’s capital markets team has raised more than $1.5 billion in project financing to date in 2016. Investment in rooftop and other small-scale solar is expected to attract $3.4 trillion over the next 25 years, according to Bloomberg New Energy Finance. The company is also evaluating how the installation of the smart inverters and battery storage systems for residential rooftop solar customers can enhance grid stability and power quality.

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