Market Overview

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.

See full press release

Posted-In: News Guidance Offerings Contracts Buybacks Management Global

 

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