SM: What is your plan, at this point, for the continued evolution of SolarCity? LR: To continue educating the way we have been doing, and to innovate in expansion areas so that we can bring clean power to more homeowners in more locations. We want to bring as much clean solar power to as many
SM: Is there a bottleneck for the scaling of solar power adoption in the US or the world? LR: In the US there absolutely is. The biggest is financing. Back in 2008 you could establish one $300 millionĀ fund and get multiple projects done through that. Those days have come and gone.
SM: Are you working exclusively with panels from First Solar now? LR: We are not exclusive. Different scenarios require different technology. Given the choice, if we can apply First Solar or a different panel, our customers will want First Solar.
SM: Do you think Morgan Stanley will return to the solar industry? LR: I absolutely think they will once they turn the corner. Until they show strong profits again, our primary partner will be Greystone.
SM: When did you come to the US? LR: I came to San Jose in 1998 to play in the World Championships of Underwater Hockey representing South Africa. I fell in love with the Bay Area, and my brother was already here working for a company that was later acquired by Compaq in 1999.
Lyndon Rive co-founded SolarCity with his brother in July 2006. In its first three years, SolarCity became the largest residential solar power provider in California and grew to over 350 employees serving over 500 communities in three states. Prior to SolarCity, Lyndon founded Everdream, an industry leader in software and services for large-scale distributed computer