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The largest home automation services company plans to add solar for its huge customer base, and Sumitomo takes a significant equity share of the biggest solar project in the US.
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Landowners of what was thought of as worthless desert land are selling to solar developers at high prices.
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Solar will see a 50% drop in levelized cost, while other renewables are down 10%.
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Group will facilitate the leasing of millions of square feet of rooftop space worldwide.
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