Two days after Hillary Clinton called for a 700% expansion in solar installations by 2020, No. 1 residential solar installer SolarCity (SCTY) was set to announce early Tuesday expanded solar financing options for small and midsize businesses. SolarCity says its expanded options will give businesses an opportunity to save 5% to 25% in energy costs over traditional utilities. Participating businesses won’t be required to pay any upfront costs and
SunEdison (SUNE) announced Monday that it will acquire No. 2 residential installer Vivint Solar (VSLR) for about $2.2 billion in cash, stock and notes, the latest of several multibillion-dollar deals that are part of its aggressive strategy to become one of the world’s top alternative energy players. In residential installation, Vivint Solar trails only SolarCity (SCTY), whose chairman is Tesla Motors (TSLA) CEO Elon Musk. In January, Maryland
Tesla Motors (TSLA) is going to make an announcement Friday. But it gave no hints as to what the maker of luxury electric cars and energy storage batteries will be saying. What will CEO Elon Musk talk about? Tesla could announce a firm launch date for the Model X SUV, or new details on the further-out mainstream Model 3 sedan. It could offer figures on Powerwall battery orders. (Cousin firm SolarCity (SCTY) is among the solar installers offering