(Reuters) - SolarCity Corp on Thursday said it created a $750 million fund to finance about 25,000 residential solar projects, with Google Inc investing nearly half the funding. The money will be used by SolarCity to put solar panels on homes. The growth of such financing has made generating electric power from the sun an option for households who do not want to shell out the $20,000 to $30,000 upfront cost of a typical residential solar system. The fund is the largest ever created for residential solar systems, SolarCity said, and Google's $300 million equity stake is the technology giant's biggest renewable energy investment to date.
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