Solar energy provider that made rooftop solar accessible to homeowners and businesses, becoming the market leader in the U.S. before its high-profile acquisition by Tesla in 2016
Founded in 2006 by Peter and Lyndon Rive, with guidance and investment from their cousin Elon Musk, SolarCity popularized the idea of leasing solar panels, allowing customers to go solar with little or no upfront cost. This approach helped SolarCity quickly become the largest residential solar installer in the country, making solar energy a mainstream choice for everyday Americans. The company also partnered closely with Tesla, integrating battery storage solutions and supporting Tesla’s clean energy ambitions and was acquired by the company in 2016.