SolarCity preannounces Q2, 2016 metrics, lowers 2016 guidance

SolarCity Corporation (San Mateo, CA, US) on August 1st, 2016 preannounced its second quarter 2016 operating metrics and updated its full year 2016 guidance.
In Q2, 2016 SolarCity installed 201 megawatts (MW) of solar PV generation capacity, exceeding its guidance of 185 MW, the company reports. MW booked increased 40% over the first quarter of 2016 to help drive a significant improvement in sales cost per watt.

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