Google Wants To Help You Buy Solar Panels For Your House. Seriously.
By Ryan Koronowski
If you to want to install solar panels on your roof but haven’t yet because it’s too expensive, Google really wants to help.
The search giant, valued at $370 billion, is once again boosting its investment in SolarCity’s residential solar power model by $300 million, both companies announced Thursday. Combined with a new financing structure from SolarCity, the companies say this will result in a new fund worth $750 million to help install distributed rooftop solar on homes across the country.
Brookhaven National Laboratory (CC BY-NC-ND 2.0)