Solar Energy Installers | Solar Power - Clean Energy Authority http://www.cleanenergyauthority.com/ Wed, 22 Oct 2014 05:26:49 -0400 Joomla! - Open Source Content Management en-gb SolarCity bond offering could catapult the company http://www.cleanenergyauthority.com/solar-energy-news/solarcity-bond-offering-could-catapult-the-company-101614 http://www.cleanenergyauthority.com/solar-energy-news/solarcity-bond-offering-could-catapult-the-company-101614

Now that any ordinary person with $1,000 can invest in SolarCity’s solar bonds, the already-strong company could have access to nearly unlimited capital for continued growth and expansion.

SolarCity, the country’s largest solar installer, installs more than a third of all residential solar panels sold in the United States right now. And it only operates in 15 states.

When the company announced this week that it has established the nation’s first registered public offering of solar bonds, it was a blip on the Internet newsfeeds. But it could be tremendously impactful.

"This is very much part of the company's push to vertically integrate,” said Tim Newell, vice president of financial products for SolarCIty.

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ahmcontent@gmail.com (Amanda H. Miller) Featured Solar Energy News Thu, 16 Oct 2014 12:51:30 -0400