The IPO will see SolarCity shares traded on the Nasdaq exchange under the ticker symbol SCTY, and reportedly may value the company at more than $1.5bn.
The filing comes at a time when many renewables companies are delaying or shelving their IPO plans until market sentiment towards the clean-tech space improves. Last week Brazilian wind developer CPFL Renovaveis shelved its IPO plans, mirroring US concentrating solar power specialist BrightSource Energy’s decision earlier this year.
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