Dive Summary:
- SolarCity, a provider of distributed energy, announced it deployed 156 megawatts in 2012, which is more than the 146 megawatts they had planned to produce.
- In 2011, the company produced 72 megawatts and last year's increase has them already predicting another spike in 2013; estimates for this year sit at 250 megawatts.
- Last year, 85 of SolarCity's 146 megawatts were for residential deployments and the company anticipates this number to increase to 190 megawatts.
From the article:
In its first statement and guidance as a public company, SolarCity (SCTY), a provider of distributed energy, announced that the company deployed 156 megawatts in 2012 compared to a planned 146 megawatts.
The 156 megawatts deployed in 2012 shows growth of 117 percent over last year's 72 megawatts. Residential deployments were 85 megawatts for FY 2012, with 30 megawatts in the fourth quarter. ...