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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Obama: If debt limit not raised, financial crisis possible | 11:09am EDT Nokia wins rare victory as Apple settles legal row 7:55am EDT Dow jumps more than 1 percent 10:15am EDT May retail sales post first drop in 11 months 10:28am EDT Germany celebrates Nowitzki's title 10:09am EDT Discussed 127 Alabama governor signs nation’s toughest immigration law 111 Obama weighs new steps to boost jobs 79 U.S. debt default unimaginable, creditors say Watched The day ahead: June 14, 2010 Mon, Jun 13 2011 Airbus' view of flying in the future Mon, Jun 13 2011 Obama resigns from church Mon, Jun 2 2008 Google, SolarCity launch fund for solar projects Tweet Share this Email Print Related News China paper warns Google may pay price for hacking claims Mon, Jun 6 2011 WRAPUP 3-U.S. weighs security after "serious" Google allegation Thu, Jun 2 2011 Groups sue to stop SunPower plant in California Thu, Jun 2 2011 Google reveals Gmail hacking, says likely from China Thu, Jun 2 2011 Google wanted to team with Facebook, now fierce rival Wed, Jun 1 2011 Analysis & Opinion Okay, what moron closed the sun roof? Tech wrap: Samsung to take smartphone crown Related Topics Technology » Green Business » Workers install solar panels at a farm in Weinbourg, Eastern France February 12, 2009. Credit: Reuters/Vincent Kessler NEW YORK | Tue Jun 14, 2011 10:04am EDT NEW YORK (Reuters) - Google and solar power company SolarCity formed a partnership to create a new $280 million fund designated for residential solar projects -- the largest of its kind in the United States. It also represents the most money that Google has invested in the clean energy sector, the world's largest Internet search engine said on Tuesday. Google has put $680 million toward clean-energy technologies. Customers who want solar panels installed on their homes but do not want to make a big upfront investment, are able to tap the fund. SolarCity has more than 15,000 solar projects and finances about 80 percent of the its customers' solar systems. SolarCity has 15 funds with seven different partners to finance $1.28 billion in projects. "We're excited to be making our first investment in distributed residential solar," said Rick Needham, director of green business operations at Google. (Reporting by Jennifer Saba, editing by Maureen Bavdek) Technology Green Business Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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