Solar Energy Storage and Tesla
Another key part of SolarCity’s business strategy is the development of solar systems for customers. In 2013, its CEO said that the company will finish nearly 100 energy storage systems. The storage will be supplied by Tesla Motors (TSLA). The CEO also thinks that this form of storage will be viable within 10 years.
Chart of Stock Price and Earnings Events
Written by Kapitall contributor Chris Lau Looking to dig deeper into the solar industry? You’re not alone. Nine out of ten Americans now think it's important for the U.S. to develop and use solar power, while state and local governments are increasingly adopting pro-solar policies. Consider the decreasing panel costs and more efficient technologies and you may agree it's time for investors to seriously consider this space. The following infographic produced by Kapitall highlights the current state and potential of the industry. Click to expand the image and learn how to invest in solar or other industries at Kapitall (www.kapitall.com).
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