Clean Tech Update 05.12.10
Wednesday, May 12, 2010 at 3:20PM
SolarCity buys into home energy efficiency (CNET)
Solar installer SolarCity on Wednesday said it has acquired Building Solutions, a move which will allow it to combine home energy-efficiency services with solar. SolarCity, based in Foster City, Calif., has grown rapidly over the past few years by offering financing options which lower the upfront cost of solar electric panels.
Solaria snaps up $45 million for high-efficiency solar modules (Green Beat)
Concentrating solar got a big boost today, with solar module maker Solaria bagging $45 million in new venture funding. With funding shifting away from capital-intensive renewable energy products, this is a big win for the company, which aims to lower panel price tags by cutting down on silicon requirements.
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