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Solar power, no money down, could prove profitable

01 July 2008 | Market Watch: News From Around The Web | Source: zdnet.com

You get a solar installation, you could get positive cash flow, and you pay no money down. Sounds like an offer you might read in some spam note from Bulgaria. But it's a legitimate offer from an legitimate cleantech company in California and Arizona. Solar City is about to celebrate its second birthday…on the Fourth of July. Funded by VCs like Draper Fisher and Elon Musk (you know, Tesla Motors and Paypal), plus a little input from an old-timer, JP Morgan.

True to their Silicon Valley roots, Solar City's biggest commercial installation is on the eBay campus in San Jose. And eBay's solar system is the largest commercial installation anywhere in Santa Clara, California, which includes a major portion of Silicon Valley.

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