Tuesday, March 11, 2014 9:58:10 AM
Nevada and Elon Musk
SolarCity’s chairman is entrepreneur Elon Musk,
From:Nevada Governor's Office of Economic Development
"
Nevada’s solar future just got a little sunnier.
SolarCity, a San Mateo, Calif.-based solar company, opened its doors for business Wednesday at Town Square, near Interstate 15 and the Las Vegas Beltway.
SolarCity offers business and residential customers a full range of solar-panel services, from design and financing to installation and maintenance.
In March, the Governor’s Office of Economic Development granted SolarCity $1.2 million from its $10 million Catalyst Fund, which helps job-creating companies expand or relocate to Nevada.
The company has hired about 130 employees locally and is now hiring for the Las Vegas office at the rate of one new worker per day, with plans to double its workforce each year.
While its headquarters will remain in California, SolarCity CEO Lyndon Rive says he wants to make Las Vegas an important hub for the company, which has locations in 14 other states and Washington, D.C.
Rive said he wants to make the Las Vegas branch one of the biggest, if not the biggest, SolarCity locations.
Rive said the move would not have been possible without recent legislation Senate Bill 123, which calls for the Reid Gardner coal power plant to close and requires 350 megawatts to be created from renewable energy, and Assembly Bill 428, which calls for renewable energy laws to be revised.
Currently in Nevada, SolarCity can work only with new home builders to install solar panels. Its main partner is Shea Homes.
“I’m looking forward to the next phase, when we can actually install solar locally in the state,” Rive said. “With the implementation of those two bills, we can get rooftop solar and make Nevada one of the top solar states in the country.”
Several Nevada politicians were present for the opening ceremony, including Senate Majority Leader Harry Reid, D-Nev., Gov. Brian Sandoval and U.S. Rep. Joe Heck, R-Nev.
Assembly Speaker Marilyn Kirkpatrick, Assemblyman David Bobzien and State Sens. Ruben Kihuen, Kelvin Atkinson and Michael Roberson along with County Commissioner Steve Sisolak also were present.
One hundred or so SolarCity employees, many of whom moved from California to join the new operation, also were there, donning kelly green company polo shirts.
The Las Vegas location will serve as the company’s main call center and will handle sales, customer care and billing.
Las Vegan Spence Corcoran said he joined SolarCity’s employment ranks because he believes in the cause.
“It’s a fast-growing operation with a lot of good energy behind it,” he said.
Customer account manager Chandler Gray, who has 15 years of experience in retail, said he joined the company “to be a part of the future and leave a legacy for (his) son.”
Officials from the Nevada Governor’s Office of Economic Development have said the average hourly wage for SolarCity employees will be $21 an hour.
Reid said SolarCity is a big win for the state, which he said is leading the nation in geothermal power and has solar and wind capabilities.
“There’s not a state in the union that is more capable of being energy independent than the state of Nevada,” Reid said.
SolarCity’s chairman is entrepreneur Elon Musk, who also founded PayPal, Space X space-launch vehicles and Tesla Motors electric cars.
On Tuesday, Musk revealed details for Hyperloop, a high-speed solar-powered “elevated transit” system that would move passengers between Los Angeles and San Francisco in aluminum tubes in less than 30 minutes, faster than a commercial airplane."
Recent TSLA News
- Qualcomm Exceeds Expectations, Rises 8%; Wolfspeed Drops 25% on Negative Margin; Lyft and AppLovin Surge Over 20% • IH Market News • 11/07/2024 11:16:12 AM
- Trump Media Shares Surge 32% Pre-Market; Tesla Jumps 13%; Coinbase Rises with BTC All-Time High • IH Market News • 11/06/2024 11:09:49 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/06/2024 01:14:55 AM
- Boeing Ends Strike; Leadership Changes at Dollar Tree and Southwest; PLTR, HIMS, and ALAB Soar; MQ and LSCC Decline • IH Market News • 11/05/2024 11:43:15 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/05/2024 12:08:51 AM
- Tesla Sales Drop; Intel to Exit Dow Jones After 25 Years; VKTX and ATSG Surge Over 20% Pre-Market • IH Market News • 11/04/2024 11:20:51 AM
- U.S. Futures Edge Up as Election and Fed Rate Decision Loom; Oil Prices Rise as OPEC+ Delays Production Increase • IH Market News • 11/04/2024 11:13:21 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/01/2024 08:51:44 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/01/2024 08:40:55 PM
- Amazon Up 6%, Atlassian Jumps 20%; Intel Posts Surprising Profit; Abbott Wins Infant Formula Lawsuit • IH Market News • 11/01/2024 10:55:39 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/29/2024 12:28:41 AM
- Philips Sales Forecast Cut Sparks Stock Plunge; BP Resumes Libya Exploration; Alibaba Settles for $433 Million • IH Market News • 10/28/2024 10:09:33 AM
- U.S. Stocks May Move To The Upside In Early Trading • IH Market News • 10/25/2024 01:08:15 PM
- US Futures Rise; Oil Prices Edge Higher • IH Market News • 10/25/2024 10:07:08 AM
- Capri Shares Crash 45% After Merger Block; Coursera Falls 18% on Lower Revenue Forecast • IH Market News • 10/25/2024 10:05:28 AM
- Nasdaq, S&P 500 Regain Ground But Dow Extends Losing Streak • IH Market News • 10/24/2024 08:33:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/24/2024 08:22:53 PM
- Tesla Shares Rise 11% Pre-Market; IBM Falls 4% on Lower-Than-Expected Revenue; Apple Prepares New Launches • IH Market News • 10/24/2024 10:07:47 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/23/2024 08:09:26 PM
- Tesla Releases Third Quarter 2024 Financial Results • Business Wire • 10/23/2024 08:07:00 PM
- Nigeria Releases Tigran Gambaryan; Bitcoin ETFs End 7-Day Streak of Inflows; BTC Hashrate Surpasses 700 EH/s • IH Market News • 10/23/2024 07:23:22 PM
- McDonald’s Faces E. Coli Outbreak; Qualcomm Loses Licensing Dispute with Arm; Texas Instruments Stock Surges • IH Market News • 10/23/2024 10:04:46 AM
- US Futures Fall Amid Treasury Yield Surge and Earnings; Oil Prices Dip as U.S. Crude Inventories Rise • IH Market News • 10/23/2024 09:58:27 AM
- HSBC Begins Major Restructuring; SAP’s Cloud Revenue Grows 25%; Logitech Shares Drop 7.3% Pre-Market • IH Market News • 10/22/2024 10:04:11 AM
- Profit Taking May Contribute To Initial Pullback On Wall Street • IH Market News • 10/21/2024 01:13:38 PM
FEATURED DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • Nov 7, 2024 2:16 PM
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • Nov 7, 2024 8:48 AM
FEATURED SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • Nov 7, 2024 7:00 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM