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The New York Times
November 30, 2011

Private Dollars Revive a Solar Panel Plan for Military Housing

An ambitious project by a California company to install solar panels for more than 100,000 military housing units has been revived with private financing after it failed to receive a loan guarantee from the federal government.

The company, SolarCity, plans to announce Wednesday that Bank of America Merrill Lynch will lend it up to $350 million to put solar electric panels on roofs and other areas to power as many as 120,000 homes for military personnel over the next five years.

Read the rest of this New York Times article at:
http://www.nytimes.com/2011/11/30/business/energy-environment/solarcity-wins-financing-for-military-housing-plan.html?_r=3&ref=energy-environment 

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