Google today announced a new partnership with SolarCity, committing $280 million from its coffers to finance SolarCity installations, namely solar rooftops for homes in North America.
The partnership brings Google employees a discount on residential solar installations and services from SolarCity. On a worldwide basis, according to the companys last quarterly earnings report, Google employs about 26,300 full-time.
Earlier this month, SolarCity locked a commitment from U.S. Bancorp that put them past the $1 billion mark in terms of financing capacity. Google becomes the companys seventh major financing partner.
Google Scaling Solar, Commits $280 Million To Finance SolarCity Installations - The Washington Post
The partnership brings Google employees a discount on residential solar installations and services from SolarCity. On a worldwide basis, according to the companys last quarterly earnings report, Google employs about 26,300 full-time.
Earlier this month, SolarCity locked a commitment from U.S. Bancorp that put them past the $1 billion mark in terms of financing capacity. Google becomes the companys seventh major financing partner.
Google Scaling Solar, Commits $280 Million To Finance SolarCity Installations - The Washington Post