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SolarCity
SolarCity Corporation was a publicly traded company headquartered in Fremont, California, that sold and installed solar energy generation systems as well as other related products and services to residential, commercial, and industrial customers. The company was founded on July 4, 2006, by Peter and Lyndon Rive, the cousins of SpaceX and Tesla CEO Elon Musk. Tesla acquired SolarCity in 2016, at a cost of approximately US$2.6 billion (equivalent to $ billion in ) and reorganized its solar business into Tesla Energy. SolarCity heavily focused on door-to-door sales of leased systems, where customers would pay no upfront costs, but agreed to purchase the power generated by those panels from the company for 20 years. The business model became the most popular in the US and made the company the largest residential solar installer, but it caused SolarCity to have over $1.5 billion in debt by the time of its acquisition in 2016 (equivalent to $ billion in ). Prior to its acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tesla Energy
Tesla Energy Operations, Inc. is the clean energy division of Tesla, Inc. that develops, manufactures, sells and installs photovoltaic solar energy generation systems, battery energy storage products and other related products and services to residential, commercial and industrial customers. The division was founded on April 30, 2015, when Tesla CEO Elon Musk announced that the company would apply the battery technology it developed for electric cars to a home energy storage system called the Powerwall. In November 2016, Tesla acquired SolarCity, in a US$2.6 billion deal, and added solar energy generation to Tesla Energy's business. This deal was controversial; at the time of the acquisition, SolarCity was facing liquidity issues. The company's current power generation products include solar panels (manufactured by other companies for Tesla), the Tesla Solar Roof (a solar shingle system), and the Tesla Solar Inverter. The company also makes a large-scale energy storage syst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tesla, Inc
Tesla, Inc. ( or ) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale storage, grid-scale, solar panels and solar shingles, and related products and services. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Its name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, Elon Musk led Tesla's first funding round and became the company's chairman; in 2008, he was named chief executive officer. In 2008, the company began production of its first car model, the Tesla Roadster (first generation), Roadster sports car, followed by the Tesla Model S, Model S sedan in 2012, the Tesla Model X, Model X SUV in 2015, the Tesla Model 3, Model 3 sedan in 2017, the Tesla Model Y, Model Y crossover in 2020, the Tesla Semi truck in 2022 and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elon Musk
Elon Reeve Musk ( ; born June 28, 1971) is a businessman. He is known for his leadership of Tesla, SpaceX, X (formerly Twitter), and the Department of Government Efficiency (DOGE). Musk has been considered the wealthiest person in the world since 2021; ''Forbes'' estimates his net worth to be . Born to a wealthy family in Pretoria, South Africa, Musk emigrated in 1989 to Canada. He received bachelor's degrees from the University of Pennsylvania in 1997 before moving to California, United States, to pursue business ventures. In 1995, Musk co-founded the software company Zip2. Following its sale in 1999, he co-founded X.com, an online payment company that later merged to form PayPal, which was acquired by eBay in 2002. That year, Musk also became an American citizen. In 2002, Musk founded the space technology company SpaceX, becoming its CEO and chief engineer; the company has since led innovations in reusable rockets and commercial spaceflight. Musk joined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lyndon Rive
Lyndon Robert Rive (born 22 January 1977) is a South African-American businessman known as the co-founder of SolarCity, and its CEO until 2016. SolarCity is a provider of photovoltaic systems and related services. Rive co-founded SolarCity with his brother Peter in 2006. Rive started his first company at age 17 before leaving his native country, South Africa. He then co-founded the enterprise software company Everdream, which was ultimately acquired by Dell. In 2010, Rive was named in the ''MIT Technology Review's'' Innovators Under 35 as one of the top 35 innovators in the world under the age of 35. After Tesla, Inc. acquired SolarCity in 2016, Rive announced in 2017 that he would leave the company and spend his time with his family along with further entrepreneurial activities, including working on a new startup. Awards In 2013, Rive was an Ernst & Young Entrepreneur of the Year Award winner in the Northern California Region. Personal life Lyndon Robert Rive and his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GivePower
GivePower is a 501(c)(3) non-profit organization that develops clean water and energy systems in communities across the world. GivePower has installed 2,650 solar power installations in villages across 17 different countries and in underdeveloped areas of the United States. History GivePower was co-founded in 2013 in California by Hayes Barnard and Lyndon Rive as the non-profit branch of SolarCity. After SolarCity merged with Tesla, Inc., Tesla in 2016, GivePower was spun off into an independent organization just before the merger was completed. The president of GivePower is Hayes Barnard. In 2014, the organization's first focus was to provide one school with solar-powered lighting for every megawatt of solar system installed by SolarCity that year. In 2021, GivePower was listed as a finalist in ''Fast Company's'' 2021 World Changing Ideas Awards. Projects In 2016, GivePower began developing solar powered desalination technology that could be exported to developing regions. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net Metering In Nevada
Net metering in Nevada is a public policy and political issue surrounding the rates that Nevada public utilities are required to pay to purchase excess energy produced by electric customers who generate their own electricity, such as through rooftop solar panels. The issue centers around the question paying solar customers the retail or wholesale rate for the generated electricity. Before 2016, Nevada utilities paid those with solar panels the retail rate for electricity. At the end of 2015, the Nevada Public Utilities Commission approved new rules that changed that rate to the wholesale rate. Background Under a setup known as net metering, utilities must buy excess electricity generated by people with solar panels. For example, on a sunny day, a home with solar panels generates power. If the homeowners are away and the home is using less electricity than the solar panels are generating, that excess electricity flows to the electric grid. The utility company purchases that electri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramount Equity
GoodLeap, formerly Loanpal, is a U.S.-based finance technology company headquartered in Roseville, CA that provides financing options for residential solar energy and other sustainable home improvements having facilitated over $30 billion in loans to more than 1 million homeowners across 50 states as of 2025. The company employs about 1,300 people. It has locations in Roseville, San Francisco, Irvine, Phoenix, Kansas City, and Bentonville, Arkansas. History Paramount Equity Mortgage, founded in 2003 by Hayes Barnard, Jason Walker and Matt Dawson. The company was incorporated in California to provide residential mortgage loans. Although they launched in California's Sacramento Valley, the company lends nationwide. In 2006, the founders launched an insurance company focused on auto and home insurance. After over ten years offering insurance services, the company sold its insurance company to Brown and Brown. In 2009, the company established Paramount Solar as a subsidiary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SpaceX
Space Exploration Technologies Corp., commonly referred to as SpaceX, is an America, American space technology company headquartered at the SpaceX Starbase, Starbase development site in Starbase, Texas. Since its founding in 2002, the company has made numerous advancements in rocket propulsion, reusable launch vehicles, human spaceflight and satellite constellation technology. , SpaceX is the world's dominant space launch provider, its launch cadence eclipsing all others, including private competitors and national programs like the Chinese space program. SpaceX, NASA, and the United States Armed Forces work closely together by means of Government contractor, governmental contracts. SpaceX was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to SpaceX ambition of colonizing Mars, a sustainable colony on Mars. In 2008, Falcon 1 successfully launched into orbit after three failed launch attempts. The company then pivoted towar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Photovoltaic
A photovoltaic system, also called a PV system or solar power system, is an electric power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to absorb and convert sunlight into electricity, a solar inverter to convert the output from direct to alternating current, as well as mounting, cabling, and other electrical accessories to set up a working system. Many utility-scale PV systems use tracking systems that follow the sun's daily path across the sky to generate more electricity than fixed-mounted systems. Photovoltaic systems convert light directly into electricity and are not to be confused with other solar technologies, such as concentrated solar power or solar thermal, used for heating and cooling. A solar array only encompasses the solar panels, the visible part of the PV system, and does not include all the other hardware, often summarized as the balance of system (BOS). ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer components such as central processing units (CPUs) and related products for business and consumer markets. It is one of the world's List of largest semiconductor chip manufacturers, largest semiconductor chip manufacturers by revenue, and ranked in the Fortune 500, ''Fortune'' 500 list of the List of largest companies in the United States by revenue, largest United States corporations by revenue for nearly a decade, from 2007 to 2016 Fiscal year, fiscal years, until it was removed from the ranking in 2018. In 2020, it was reinstated and ranked 45th, being the List of Fortune 500 computer software and information companies, 7th-largest technology company in the ranking. It was one of the first companies listed on Nasdaq. Intel supplies List of I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Francisco
San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of 2024, San Francisco is the List of California cities by population, fourth-most populous city in the U.S. state of California and the List of United States cities by population, 17th-most populous in the United States. San Francisco has a land area of at the upper end of the San Francisco Peninsula and is the County statistics of the United States, fifth-most densely populated U.S. county. Among U.S. cities proper with over 250,000 residents, San Francisco is ranked first by per capita income and sixth by aggregate income as of 2023. San Francisco anchors the Metropolitan statistical area#United States, 13th-most populous metropolitan statistical area in the U.S., with almost 4.6 million residents in 2023. The larger San Francisco Bay Area ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
