SolarCity Announces Fiscal Year 2012 Update and Fiscal Year 2013 Guidance

Company grew megawatt deployment 117 percent on annual basis, exceeding plan

SolarCity Corporation (SCTY), a provider of clean, distributed energy, today announced an update on the Company’s megawatts (MW) deployed for the Fiscal Year ended December 31, 2012 and Q4 2012, and provided guidance on this metric for 2013.

“Following the completion of our IPO on December 12, 2012 and the completion of the fiscal year on December 31, the Company now has its first opportunity to provide an update on 2012 megawatt deployment and a forecast of megawatt deployment for 2013,” said SolarCity CEO Lyndon Rive.

Published: 04 January 2013
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MidAmerican Solar Acquires World's Largest Solar Development from SunPower

Antelope Valley Solar Projects Will Generate 579 Megawatts for Southern California Edison

Today, MidAmerican Solar, a subsidiary of MidAmerican Renewables, and SunPower Corp. (SPWR) announced MidAmerican Solar's acquisition from SunPower of the 579-megawatt Antelope Valley Solar Projects (AVSP), two co-located projects in Kern and Los Angeles Counties in Calif. Together, the two combined projects will form the largest permitted solar photovoltaic power development in the world and will create an estimated 650 jobs during construction.

Published: 03 January 2013
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SolarCity Announces Pricing of Its Initial Public Offering

SolarCity Corporation, a provider of clean distributed energy, announced today the pricing of its initial public offering of 11,500,000 shares of common stock at a price of $8.00 per share. The common stock is expected to begin trading on The NASDAQ Global Market on December 13, 2012 under the ticker symbol “SCTY.”

A total of 11,434,988 shares are being offered by SolarCity and 65,012 shares are being offered by selling stockholders. In addition, SolarCity has granted the underwriters a 30-day option to purchase up to 1,725,000 additional shares of common stock from SolarCity to cover over-allotments, if any.

Published: 13 December 2012
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DayStar Technologies (DSTI) Announces That Former United States Secretary of Energy and Ambassador to the United Nations Under President Clinton's Administration and the Former Governor of New Mexico, William (Bill) Richardson, Joins Its Board of Directors

DayStar Technologies, Inc. ( NASDAQ : DSTI ) announces a new member to their Board of Directors. Former United States Secretary of Energy, former Governor of New Mexico and Nobel Prize nominee, Bill Richardson, has joined the Board of Directors of DayStar Technologies. 

Lorne (Mark) Roseborough, President of DayStar, stated, "Bill Richardson made New Mexico the 'Clean Energy State' by requiring utilities to meet 20% of New Mexico's electrical demand from renewable sources, and established the Renewable Energy Transmission Authority to deliver New Mexico's world-class renewable resources to market.

Published: 12 December 2012
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DayStar Technologies, Inc. (DSTI) Enters Into a LOI to Acquire 100% of Ontario, Canada Based Grasshopper Energy

DayStar Technologies, Inc. (DSTI) ("DayStar") ("the Company") entered into LOI agreement to acquire Grasshopper Energy, with the anticipation of completing the purchase in 30 days. Grasshopper Energy provides turnkey solutions for solar power systems, having one of the largest and most respected presences in Ontario, Canada. The purchase is a 100% equity transaction.

Grasshopper CEO, Azeem Qureshi, stated, "We believe that joining forces with DayStar will benefit the combined entities and help accelerate achieving global goals. The Grasshopper Energy Online Suite (GEOS) propriety software tools and systems significantly reduce cost and labor.

Published: 22 October 2012
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