$SolarCity(SCTY)$ SolarCity says it had “an amazing year” in 2013, but delays earnings

gigaom - Feb 25, 2014

SolarCity did say it grew its fourth-quarter revenue by 87 percent from the $47.3 million a year beforeHere are highlights from the company’s discussion SolarCity completed 280 MW of solar energy systems in 2013 12 percent above the 250 MW goal and a 78 percent jump from 2012SolarCity completed the industry’s first securitization of rooftop solar assets — selling about $54.23 million worth of notes that are backed by a group of solar energy systems it’s installed in order to raise money — last NovemberThe solar installer on Monday said it completed 12 percent more projects last year than anticipated and cut installation cost by 30 percent