SolarCity raises $21.5 million
SolarCity Corp., a Foster City, Calif.-based provider of solar energy system installation and design, has raised $21.5 million in new VC funding.
NEW YORK & SAN MATEO, Calif.---SolarCity®, a national leader in solar power system design, financing, installation, monitoring and related services, and Citi, the leading global financial services company, today announced a new fund to finance $40 million in residential solar projects in 2011.