Report: $20M for Solar City

Wade Roush7/6/11

San Mateo, CA-based SolarCity, which finances residential rooftop solar installations, has collected $20 million in a Series F fundraising round, according to a report today in VentureWire. The report said half of the funds came from company chair Elon Musk, who is also CEO and chair of electric vehicle maker Tesla Motors and rocket builder SpaceX. SolarCity recently raised a new $280 million solar financing fund with help from Google.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @