Solar News: SolarCity Corp (SCTY)’s Official Opening, First Solar, Inc. (FSLR)’s Promising Projects & SunPower Corporation (SPWR)

Solar energy booms as shipments continue to grow (HydrogenFuelNews)
NPD Solarbuzz, a research and analysis firm focused on the solar energy sector, has released its latest edition of the “Module Tracker Quarterly” report. The report shows that solar energy has made significant progress this year, especially where the shipment of photovoltaic modules is concerned. …Other manufacturers, such as First Solar, Inc. (NASDAQ:FSLR), have been able to find success in markets beyond Europe and Asia. In the case of First Solar, Inc. (NASDAQ:FSLR), which is based in the U.S., the rising demand for solar energy has paved the way for promising projects located in Australia.

SolarCity Buys Sales Co, Plans For 1 Million Solar Customers In 5 Yrs (The9Billion)
Top full-service solar company SolarCity Corp (NASDAQ:SCTY) has announced that it is acquiring direct sales company Paramount Solar for $120 million. SolarCity Corp (NASDAQ:SCTY) plans to use the big acquisition to help it along the road to winning 1 million customers by 2018. Only $3.7 million of the acquisition involved cash. The remaining $116.3 million is in SolarCity Corp (NASDAQ:SCTY) stock. The CEO of Paramount will assume the role of chief revenue officer for SolarCity Corp (NASDAQ:SCTY). Paramount was actually majority-owned by Guthy |Renker, the folks behind Proactiv Solutions. You know the stuff, commonly seen marketed via long infomercials. The CEO of Guthy | Renker , Ben Van de Bunt, is expected to join the board of SolarCity Corp (NASDAQ:SCTY).

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