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From Electrek: Tesla (TSLA) closes equity sale of 38,000 residential solar installations...

Discussion in 'News from Electrek.co' started by RSSFeed, May 2, 2017.

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    Tesla (TSLA) closes equity sale of 38,000 residential solar installations from SolarCity

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    Since Tesla acquired SolarCiy in November of last year, the company has been trying to solidify the solar installer’s financials. They continued to move from leasing and offering power purchase agreements (PPA) to directly selling the systems and in December, they sold 26,000 home residential systems and 19 commercial and industrial solar projects that they owned under their plans

    Today, they confirmed having sold another significant part of their solar portfolio: equity in another 36,000 solar systems. more…

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