SolarCity Acquires groSolar’s Residential Installation Business

17 February of 2011 by

solarcity logo SolarCity Acquires groSolar’s Residential Installation Business

SolarCity, fresh off of a new $40 milion financing announcement, is acquiring the 55-person residential solar installation division of groSolar and expanding to Massachusetts, New Jersey, New York and Pennsylvania. groSolar is the East Coast’s largestresidential solar installer which itself, not so long ago, acquired the residential PV installation business of Borrego Solar.

The expansion will give SolarCity the largest geographic footprint ofany residential solar installer in the U.S. with 21 offices in tenstates. groSolar will continue to operate its solar panel distributionbusiness and commercial solar project development.

This brings SolarCity to more than 1,000 employees with more than 10,000 solar installs completed since 2007

Original Article on Greentech Media

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