SolarCity is a big provider of solar home energy leases in ten states across the country. Google is, well, Google. The news today is that the two companies are about to get a bit closer.
The Internet search giant made clear its intention to invest $280 million to create a fund that will enable SolarCity to finance more residential solar energy projects.
"We're excited to be making our first investment in distributed residential solar," said Rick Needham, director of green business operations at Google.
To date, SolarCity has to its name over 15,000 solar power projects,