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Podcast: Energy Gang
Episode: SolarCity CEO Lyndon Rive Defends His Company’s Long-Term Business Strategy
Description: 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...