SolarCity Launches Give Power Foundationto Provide Solar-Powered Lighting to Schools Without Electricity
Following the one year anniversary of the company's initial public offering, SolarCity® (Nasdaq: SCTY) today launched the Give Power Foundation™ to build a cleaner, more sustainable future by providing solar energy to those in need. For every megawatt of residential solar power that SolarCity installs in 2014, the company will bring light to a community by donating a solar power system and battery combination to a school without access to electricity.
Approximately 291 million children attend primary schools that lack electricity globally, and 1.4 billion people around the world do not have access to power.* Through the Give Power Foundation, SolarCity will bring clean energy to communities across the globe, with initial recipients expected to be in Haiti, Mali, Malawi and Nepal.