Google thinks the search for rooftop solar is on !! Invests $300M In Solarcity fund

by Chris Meehan on 02/27/2015 in Solar Energy, Solar Panels, Solar Power, Solar Rebates

Yesterday (Feb. 26) SolarCity announced a new, $750 million fund to support residential solar in the U.S. Included in that fund is a $300 million investment from Google. SolarCity is calling the partnership “Google and SolarCity 2.0” since Google has invested with the residential and commercial installer before. 

The $300 million from Google is its largest single renewable energy investment to date, according to SolarCity. It previously invested $280 million with SolarCity in 2011. But overall the search engine giant has already invested more than $1.5 billion (now closer to $2 billion) into renewable energy. It has also invested $100 million to support home solar with SunPower in 2014 and $75 million with Clean Power Finance in 2011 to support home solar.

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