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SolarCity's stock has taken a drubbing this week after Sen. Jeff Sessions, R-Ala., sent a letter to the Treasury secretary asking for an investigation into solar grants and tax credits.
SolarCity partnered with banks, large corporations, and the asset-backed [112] market to create project finance funds to finance its lease and power purchase agreement (PPA) options. Among SolarCity's better-known financing partnerships was a $280 million fund created with Google to finance residential solar installations in June 2011.
SolarCity is a contentious stock. The bulls hail SolarCity as a distributed power 'killer app' that will disrupt the power grid. The bears think SolarCity is nothing but a tax payer supported scheme.
Shares of SolarCity opened down more than 11% this week after the company posted a wider-than-expected loss for its fourth quarter. Revenue for the period also came in below analysts' estimates ...
SolarCity will release its quarterly report on Wednesday, and for a company that just came public last December, the stock has been hugely successful for investors, having tripled from its first ...
Anyone truly surprised by the earnings report SolarCity delivered to investors last night hasn't been paying attention. The company deployed 78 MW of residential solar, expects to deploy 101 MW in ...
SolarCity had a heck of a run in 2013, and it appears the company is starting this year on the same note: Shares of the solar-panel maker jumped more than 10% during morning trading following an ...
SolarCity will release its quarterly report on Wednesday, and shareholders have seen their stock more than quadruple in value since its IPO less than a year ago. The company might be far away from ...