In the market for a new car? You may want to consider a Honda or Acura if you want a sweet deal on solar power. Honda and SolarCity have announced the details of their renewed partnership that will provide $50 million in future solar projects. The partnership has already created a range of solar projects for homeowners, dealerships and corporate facilities that total more than 12.5 MW of solar generation capacity. The new commitment will make solar power more affordable and available to Honda and Acura customers as well as dealerships in the U.S.
Honda and SolarCity have already brought enough solar capacity online to offset more than 400 million pounds of CO2 over a 30-year lifecycle. The new $50 million fund is a follow-up to a $65 million fund the companies created in 2013.
By covering the cost of solar equipment and installation, the partnership tackles air pollution and global climate change by reducing CO2 emissions and particulate emissions from home, business and transportation energy use. Honda and SolarCity envision a future in which personal mobility products will be powered in large part by renewable energy.
“The first phase of this partnership has proven that Honda drivers have a high affinity for solar power, while owners of solar-powered homes have a high affinity for Honda products,” said Steven Center, Vice President of the Environmental Business Development Office of American Honda Motor Co., Inc. “As we look toward a future in which renewable energy will be an increasingly pervasive fuel source for personal mobility products, we are excited about capitalizing on the technological, environmental and market opportunities available through partnerships of this nature.”