SolarCity looks to crowdfunding

SolarCity’s Lyndon Rive, left, with his PayPal cousin, Elon Musk

SolarCity’s Lyndon Rive, left, with his PayPal cousin, Elon Musk

SolarCity has not entirely ruled out the yieldco model, but for the foreseeable future will focus on funding its development through tax equity, securitization and – newly – crowdfunding, says chief executive Lyndon Rive.

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