SolarCity, which is developing all-in solar packages for the home (including the solar system, net metering with the grid, and remote monitoring), has raised $10mm in financing led by Elon Musk. Musk will also be taking the Chairman role with the company. It's interesting that net metering is the stated goal, rather than storage, which is another take that other companies such as GridPoint are pursuing. Any other funders besides Musk were undisclosed.
Source : CleanTech Investing
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