Deutsche Bank Starts SolarCity (SCTY) at Buy; Install Base Expected to Double
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SolarCity (SCTY) to Launch Internet-Based Platform for Direct Solar Investments
January 15, 2014 8:02 AM ESTSolarCity (Nasdaq: SCTY) announced plans to launch a new, Web-based investment platform through which it intends to allow a broad range of investors, including both individuals and organizations of all sizes, to participate directly in solar investments that have previously only been available to large financial institutions.
"People want to support clean energy development. Customers are seeing the benefits of getting solar for their homes but they would like to participate in other ways as well," said SolarCity CEO Lyndon Rive. "Previously, only institutional investors could participate in the financing of most solar... More