BASF, SolarCity Team Up to Provide Solar Electricity for Net-Zero Energy Homes
SAN MATEO, CA and FLORHAM PARK, NJ, Jan 24, 2013 (MARKETWIRE via COMTEX) --
BASF Corporation and SolarCity, a leading provider of clean energy,
today announced that they have entered into an agreement to offer
solar electricity from SolarCity as part of BASF's BEYOND.High
Performance(SM) home program.
The BEYOND.High Performance program offered by the Center for
Building Excellence at BASF provides consulting, plan reviews and
training that enable homebuilders to construct sustainable houses
affordably. SolarCity offers clean solar energy at rates lower than
utility rates, which allows BASF homebuilder clients and homeowners
to save money while achieving net-zero energy usage.
Under the agreement, SolarCity is the preferred partner to provide
affordable solar electricity systems to homebuilders that construct
houses under BASF's BEYOND.High Performance program.
"Partnering with SolarCity is another example of how BASF is
providing the right tools and concepts for homebuilders to construct
sustainable houses affordably," said Rick Davenport, Director of
Sustainable Construction for BASF in North America.
"As part of the BEYOND.High Performance program, SolarCity can
support homebuilders who are committed to building net-zero energy
homes. Those homes will offer homeowners substantial energy savings
and the convenience of a modern home that runs on a clean, renewable
source of energy," said Walter Cuculic, National Manager of Builder
SolarCity is the leading provider of solar energy for residential
solar systems in the U.S. and signs a new customer every five
minutes. The SolarCity Homebuilder Partner Program was launched two
years ago to incorporate solar in new residential construction and
dramatically lower a homeowner's energy costs by allowing them to
generate their own clean power. SolarCity's installations for new
homebuilder construction grew by more than 350 percent from 2011 to
With more than 600 technologies in 75 construction product
categories, BASF offers the broadest portfolio of products used on
construction sites -- or integrated into other products to improve
system performance. BASF's research and development (R&D) and field
teams are constantly upgrading the contribution of these products to
help lower energy consumption, increase building life expectancy and
offer a faster construction process.
BASF's holistic systems approach uses applied building science
principles and innovative chemistry to create smart solutions to
today's challenges. This enables building materials to work together
efficiently, so built environments are healthier, safer, and more
resilient, have less impact on the planet and are more affordable to
build and operate.
For more information about this partnership, or to learn more about
BASF's commitment to sustainable construction, visit
Beyond.High Performance(SM) is a service mark of BASF Corporation.
SolarCity(R) (NASDAQ: SCTY) provides clean energy. The company has
disrupted the century-old energy industry by providing renewable
electricity directly to homeowners, businesses and government
organizations for less than they spend on utility bills. SolarCity
gives customers control of their energy costs to protect them from
rising rates. The company offers solar power, energy efficiency and
electric vehicle services, and makes clean energy easy by taking care
of everything from design and permitting to monitoring and
maintenance. SolarCity signs a new customer every five minutes. Visit
the company online at www.solarcity.com and follow the company on
Facebook & Twitter.
BASF - The Chemical Company
BASF Corporation, headquartered in Florham Park, New Jersey, is the
North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has
more than 16,000 employees in North America, and had sales of $20
billion in 2011. For more information about BASF's North American
operations, visit www.basf.us.
BASF is the world's leading chemical company: The Chemical Company.
Its portfolio ranges from chemicals, plastics, performance products
and crop protection products to oil and gas. We combine economic
success, social responsibility and environmental protection. Through
science and innovation we enable our customers in almost all
industries to meet the current and future needs of society. Our
products and system solutions contribute to conserving resources,
ensuring healthy food and nutrition and helping to improve the
quality of life. We have summed up this contribution in our corporate
purpose: We create chemistry for a sustainable future. BASF posted
sales of about EUR 73.5 billion in 2011 and had more than 111,000
employees as of the end of the year. Further information on BASF is
available on the Internet at www.basf.com.
Tel: (973) 245-5931
E-mail: Email Contact
Tel: (650) 963-5674
E-Mail: Email Contact
SOURCE: BASF Corporation
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