{"id":70056,"date":"2016-07-18T13:00:19","date_gmt":"2016-07-18T20:00:19","guid":{"rendered":"http:\/\/techvibes.com\/?p=70056"},"modified":"2016-07-18T15:36:31","modified_gmt":"2016-07-18T22:36:31","slug":"solarcity-raises-345-million-to-make-solar-power-a-viable-alternative-energy","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/solarcity-raises-345-million-to-make-solar-power-a-viable-alternative-energy","title":{"rendered":"SolarCity Raises $345 Million to Make Solar Power a Viable Alternative Energy"},"content":{"rendered":"<p>SolarCity has raised $345 million in tax equity from four separate partners in June and July. The company also increased its debt facility by $110 million to $760 million.<\/p>\n<p>The funds will cover the capital cost of new equipment and installations. The goal of SolarCity&#8217;s projects is to render solar power as a viable alternative energy\u2014eventually costing less than utility power.<\/p>\n<p>Last month Tesla Motors, also an Elon Musk company, offered to buy SolarCity for $2.8 billion.<\/p>\n<p>https:\/\/borndigital.com\/2016\/06\/22\/tesla-solarcity<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SolarCity has raised $345 million in tax equity from four separate partners in June and July. The company also increased its debt facility by $110 million to $760 million. The funds will cover the capital cost of new equipment and installations. The goal of SolarCity&#8217;s projects is to render solar power as a viable alternative [&hellip;]<\/p>\n","protected":false},"author":54503,"featured_media":69094,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-70056","magazine","type-magazine","status-publish","has-post-thumbnail","hentry","category-News"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/70056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/54503"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/70056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/69094"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=70056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=70056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=70056"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=70056"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=70056"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=70056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}