SolarCity Combines its Skills to Finance ‘Microgrids as a Service’

SolarCity, the largest solar installer and financier in the U.S. is now offering “microgrids as a service” by integrating its existing expertise in distributed renewables, inverters, energy storage, and control software. Those elements are already a portion of what makes a microgrid. (Typical backup generation in a microgrid relies on a diesel gen-set.)

SolarCity is targeting the usual suspects for microgrids: municipalities, remote or island communities, hospitals and military bases. SolarCity suggests “any community anywhere in the world vulnerable to power outages and high energy costs” is a potential customer that can be financed with “little …read more

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