SolarCity Files IPO up to $200M

Back in October, California solar company SolarCity has filed for an IPO of up to $201.3 million. The company currently serves customers largely along the Eastern and Western coasts, but it expects to expand on a global scale soon.

Currently, SolarCity obtains revenue from residential customers, commercial clients like Walmart (WMT) and Intel (INTC), and government organizations. Founded in 2006, SolarCity has established a presence in more than 33,000 buildings to date.

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By Swagato Chakravorty

Written by greenlivingguy

The Green Living Guy, Seth Leitman is a green living expert, celebrity and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and a Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke # Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea # and more green living books to follow.