The Energy Gang

SolarCity is a much different company than it was before it went public. It has made numerous acquisitions in an attempt to control nearly every part of the value chain – from hardware to customer acquisition – making it a fully vertically integrated solar provider. Most recently, SolarCity acquired the high-efficiency solar manufacturer Silevo and broke ground on a gigawatt-scale production facility in Buffalo, New York. The company now has over 7,000 employees, a market cap of $5.3 billion and a 30 percent share of the U.S. residential solar market. The company is undoubtedly a success story. But can it continue growing sustainably in the long term? Can vertical integration actually work in residential solar? This week, we’ll talk with CEO Lyndon Rive about the SolarCity’s move into manufacturing, its new loan product, the outlook for U.S. policy and the way the company calculates “retained value” for investors. Later in the podcast, we’ll discuss the different business strategies of two leading independent