SolarCity Stock Shines, But VCs Curb Solar Investments
Posted on January 09, 2013 at 10:28 AM EST
Solar installers such as recent IPO SolarCity might be shining, but solar startups are getting less money from backers as they face more competition. Venture capital investment dollars in the solar energy industry dropped by nearly half in 2012, a new report shows. Installers stand to gain the cheaper solar energy gets, which makes solar more competitive with traditional energy sources like natural gas or oil. Hence the more than 90% jump in