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SolarCity, Honda establish fund to support USD 65 million in solar PV projects

SolarCity Corporation (San Mateo, California, US) and Honda Motor Company Ltd.’s (Tokyo, Japan) American subsidiary have established a joint fund to support USD 65 million in solar photovoltaic (PV) projects for Honda and Acura customers.

Hundreds of Honda and Acura dealerships in SolarCity’s 14-state area will be eligible to offer solar service options to their customers, supported by the funding. Dealerships will also be eligible to install PV systems, and Honda and SolarCity will explore opportunities to integrate PV systems with electric vehicle charging.

“By making it easier and more affordable for its customers to use clean power, Honda is reinforcing the fact that solar is the new normal,” said SolarCity CEO Lyndon Rive.
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