▁Sol ar ▁from ▁Param ount ▁Equ ity ▁for ▁$ 1 2 0 ▁million . ▁By ▁ 2 0 1 4 , ▁it ▁had ▁installed ▁pan els ▁capable ▁of ▁generating ▁ 6 , 2 0 0 ▁M W ▁of ▁power . ▁In ▁ 2 0 1 5 , ▁Sol ar City ▁installed ▁ 8 7 0 MW ▁of ▁solar ▁power , ▁approximately ▁ 2 8 % ▁of ▁non - ut ility ▁solar ▁installation ▁in ▁the ▁U . S . ▁that ▁year . ▁ ▁In ▁October ▁ 2 0 1 4 , ▁Sol ar City ▁announced ▁it ▁would ▁be ▁offering ▁up ▁to ▁$ 2 0 0 ▁million ▁in ▁solar ▁b onds ▁to ▁launch ▁a ▁new ▁online ▁website ▁to ▁buy ▁the ▁deb t , ▁the ▁first ▁registered ▁public ▁offering ▁of ▁such ▁b onds ▁in ▁the ▁United ▁States . ▁In ▁March ▁ 2 0 1 6 , ▁Space X ▁bought ▁$ 9 0 ▁million ▁of ▁Sol ar City ▁stock . ▁ ▁In ▁late ▁ 2 0 1 5 , ▁Sol ar City ▁with d rew ▁from ▁solar ▁sales ▁and ▁installation ▁in ▁Nev ada , ▁following ▁the ▁decision ▁by ▁the ▁state ' s ▁Public ▁Util ities ▁Commission ▁( PU C ) ▁to ▁raise ▁the ▁month ly ▁service ▁charge ▁for ▁ro o ft op ▁solar ▁customers ▁and ▁progress ively ▁reduce ▁the ▁return ▁on ▁solar ▁energy ▁sold ▁back ▁into ▁the ▁grid ▁under ▁the ▁state ' s ▁net ▁meter ing ▁rule . ▁Under ▁the ▁new ▁rules , ▁the ▁month ly ▁service ▁charge ▁im posed ▁on ▁Nev ada ▁Power ' s ▁ro