SolarCity expects PV installations to increase 60% in 2013

Facebook
Twitter
LinkedIn
Reddit
Email

US-based PV installer SolarCity said its PV installations reached 156MW in 2012, an increase of 117% compared to 2011, exceeding guidance by 10MW.

Providing its first update on business expectations since its successful IPO on the NASDAQ stock market in December, 2012, SolarCity said installations are expected to increase a further 60% in 2013, reaching 250MW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

In 2012, the company said that it achieved residential installations amounting to 85MW, while commercial installations were 71MW.

In Q4 2012, PV installations reached a total of 47MW. Residential installations were 30MW, while commercial installations reached 17MW.

Guidance for 2013 not only highlights an expected significant increase in overall installations, but also a growing emphasis on the residential market. SolarCity guided residential installations are expected to reach 190MW this year, an increase of 123%, compared to installations in 2012.

Commercial installations are expected to reach 60MW in 2013, down 15% when compared to 2012.
 

Read Next

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines