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SolarCity
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Short description

Provider of design, financing and maintenance services for solar power customers

Founded in 2006
Founded in

Company type Public Public (SCTY)
Company type

Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters San Mateo, CA San Mateo, United States
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State
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Parent Companies

Updated by Murray Clay at Ulupono Initiative on 09/19/2012

Edited by Cleantech Group on 09/30/2021

Traction
  • 1 M&A items
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Customers
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Date Company
10/25/2013

Hawaiian Electric Company Hawaiian Electric Company

Hawaiian Electric has selected California-based photovoltaic (PV) system installer SolarCity to build a 15MW solar plant on the island of Oahu, Hawaii, US.

Confirmed by Hawaiian Electric Company

Partnerships
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Date Partner Type
10/20/2016
Airbnb Airbnb
The solar leasing provider will offer a $1,000 rebate to Airbnb hosts who install a rooftop solar array on their home-sharing property in areas where both companies are active.
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Confirmed by Airbnb
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Investment Rounds
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IPO INFORMATION

Date

12/12/2012

IPO status

Listed

IPO Type

IPO

Amount

$92M

Initial shares

4764706

Ticker symbol

SCTY

Exchange listed

NASDAQ

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
12/23/2016 Sammons Renewable Energy Sammons Renewable Energy (1)
Post-money valuation of
Sammons Renewable Energy, a fund of Sammons Enterprises, managed by Franklin Park Investments, has aquired an equity stake in SolarCity projects in 16 US states, including 26,000 residential systems and 19 commercial and industrial arrays. This is a cash equity transaction.
Project Finance $241,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

Government Solar Power Projects

Government-oriented solar installation product.

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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