Scalper1 News
Google (GOOGL) has made its second investment in SolarCity, putting $300 million into a $750 million fund to finance about 25,000 residential solar projects. The new fund will cover the upfront cost of solar panel installations for homeowners in 14 states, SolarCity (SCTY) said. In 2001, Google invested $280 million in a similar SolarCity fund. Tesla Motors (TSLA) CEO and founder Elon Musk is chairman of the solar panel installer’s board. Scalper1 News
Scalper1 News