SolarCity Goes Public, Offers Sun-Power for EV Charging Stations

solar panel

If you’re sell­ing plug-in elec­tric vehi­cles at your deal­er­ship, keep in mind that some prospec­tive cus­tomers are going to be inter­est­ed in hav­ing solar pan­els installed on their hous­es to pro­duce the elec­tric­i­ty need­ed to charge the car. Cer­tain­ly not that many of them, but for those seri­ous about sus­tain­abil­i­ty and green issues, they’re very inter­est­ed in it (and that includes fleets and cor­po­rate cus­tomers). SolarCi­ty has become the best known solar ener­gy com­pa­ny in the US, and it just went pub­lic on the stock mar­ket. Tes­la Motors CEO Elon Musk has been a key backer of the com­pa­ny, which saw its stock val­ues do very well on the first day of trad­ing – soar­ing 47%. Musk has done well with stock for his Tes­la com­pa­ny – with shares open­ing at $17 in 2010 and more recent­ly sell­ing for about $35 a share.

SolarCi­ty is work­ing with Tes­la on set­ting up solar-pow­ered fast charg­ers for its Mod­el S elec­tric sedan; they’re called Tes­la Super­charg­ing sta­tions and are being built along Inter­state high­ways. The com­pa­ny has also been work­ing with Ford Motor Co. on solar-pow­ered charg­ing for those shop­ping for elec­tri­fied Ford mod­els.

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