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SolarCity

Article, Corporations, Economy / Finance, Technology

Green energy growth fuels an urge to merge

August 7, 2016

The planned marriage of Tesla Motors and SolarCity is causing a stir in energy markets, with two of the most innovative companies in electric cars and solar energy aiming to take a commanding lead in green energy in the U.S. But the combination is just one of many big deals that signal a banner year for mergers and acquisitions in the North American electric and natural gas markets, driven by fundamental changes in those industries. (Read more)

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by Bill Loveless
Article, Consumer, Energy, Technology, Utilities and Providers

Can N.Y. solar-electric deal recharge U.S. green-energy effort?

April 26, 2016

The head of the leading rooftop solar company in the U.S. told me last year that one of his top priorities was to strike deals with electric utilities that would make them partners rather than rivals in the changing power sector. “I’m very interested in finding a utility that we can work with that wants to solve problems, not prevent change,” Lyndon Rive, the co-founder and chief executive of SolarCity, said in June. “It would be learning for both of us.” Well, Rive got his wish last week as SolarCity and two other solar developers, SunPower and SunEdison, joined six New York utilities in announcing their formation of the “Solar Progress Partnership.” (Read more)

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by Bill Loveless