Residential and commercial solar developer SolarCity aims to install, own and operate PV at up to 160,000 locations over the next five years, doubling the amount of residential rooftop solar in the US.

The DOE would guarantee up to 80% of the project debt, which will be provided by lead-lender USRG Renewable Finance and Bank of America Merrill Lynch.

SolarCity says SolarStrong could generate as much as $1bn in project development and 750 construction jobs, for which the company aims to hire veterans and military family members.

“This