SolarCity
SolarCity was a company that specialized in providing solar energy services, primarily focusing on the installation of solar panels for residential and commercial properties. Founded in 2006 by Lyndon and Peter Rive, it aimed to make solar energy more accessible and affordable for consumers. The company offered various financing options, including leases and power purchase agreements, to help customers adopt solar technology without significant upfront costs.
In 2016, Tesla, Inc. acquired SolarCity, integrating its services into Tesla's broader mission of promoting sustainable energy solutions. This acquisition allowed Tesla to expand its offerings, combining solar energy generation with energy storage solutions like the Tesla Powerwall. SolarCity's legacy continues through Tesla's solar products and services.