Credit Suisse Makes Huge Investments In Residential Solar


Credit Suisse has invested hundreds of millions of dollars in two companies to promote solar energy adoption among residential customers.

SolarCity says it is collaborating with Credit Suisse on a second round of investment to build solar projects. Each round included an investment of $100 million from Credit Suisse, for a total of $200 million.

SolarCity says the investments defray the up-front cost of solar panels for its customers, making it possible for them to install the solar panels for free and pay only for the solar electricity they produce, at a discount to utility rates.

Credit Suisse has also invested $200 million in SunRun, which owns, insures, monitors and maintains residential solar energy systems; homeowners pay a fixed rate for 20 years.

Notify of
Inline Feedbacks
View all comments