As promised, Elon Musk and Telsa purchased SolarCity a few weeks ago for $2 billion, gobbling up the company run by Musk’s cousins that focuses on delivering state of the art solar panels for homes, businesses and governments. It also provides custom design, financing, installation and monitoring.
While it does not get the media attention Telsa gets, SolarCity has proven to be a major player in cutting edge green energy projects. Its success on the American Samoa island of Ta’u is an example of its abilities. It will soon generate enough power utilizing solar energy to power the entire island, which is located 4,000 miles from the U.S. West Coast.