New Partnership for SolarCity Could Mean Cheaper Solar Energy for Homeowners

SolarCity has announced it is teaming up with Viridian. Could this be a win both for consumers and for investors?

Simon Erickson

(TMFInnovator)

Sep 28, 2013 at 9:04AM

SolarCity (NASDAQ:SCTY.DL) has the power to disrupt the traditional utility industry. It takes another stop along this path with a new deal with Viridian Energy. Analyst Simon Erickson covers the deals details and tells you what it means for SolarCity and its investors. Click on the video below.

Alison Southwick has no position in any stocks mentioned. Jim Mueller owns shares of SolarCity. Simon Erickson owns shares of SolarCity. The Motley Fool owns shares of SolarCity. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Author

Simon Erickson

(TMFInnovator)

I am a believer in the power of disruptive innovation, and that individual investors can significantly outperform the market over long periods of time. I am the lead advisor of our Motley Fool Explorer service, where we look for future-focused companies well-poised to capitalize on developing long-term trends.

Article Info

Sep 28, 2013 at 9:04AM
Energy, Materials, and Utilities

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Article Info

Stocks

SolarCity

NASDAQ:SCTY.DL

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