SolarCity, whose share price has defied sceptics since it launched its initial public offering (IPO) last month, says it installed 156MW across the residential and commercial rooftop segments in 2012, slightly more than it originally intended.
The California-based company, which has yet to turn a profit, put up 72MW in 2011.
The residential segment accounted for 54% of SolarCity’s installations in 2012 – but will account for more than three-quarters in 2013, or 190MW total, the company predicts.
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