SolarCity Corp., which completed its initial public offering in December 2012, has provided an update on its deployment totals for the previous fiscal year and issued predictions for the next fiscal year.
In fiscal-year 2012, the company deployed 156 MW, against a plan of 146 MW deployed. This represents 117% growth over 72 MW deployed in 2011, SolarCity says. Fourth-quarter 2012 deployments totaled 47 MW.
The company has further broken down its totals by segment: Residential deployments were 85 MW for fiscal-year 2012 and 30 MW for the fourth quarter of 2012. Commercial deployments, including non-residential government deployments, reached 71 MW for fiscal-year 2012 and 17 MW for the fourth quarter of 2012.
SolarCity expects its fiscal-year 2013 deployments to be 250 MW, with 190 MW of residential installations and 60 MW of commercial installations.