Google Puts $280M into SolarCity Fund

San Mateo, CA-based SolarCity and Mountain View, CA-based Google announced today that Google has invested $280 million in a new project financing fund that will help SolarCity extend solar panel installation leases to more homeowners. Google joins six other SolarCity financing partners who have created $1.28 billion in overall project funds overall. In a blog post, Google also said it has created a discount program for Google employees who want to install rooftop solar arrays through SolarCity’s power purchase agreements.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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