Solar installer SolarCity filed for a potentially $201 million IPO back in April and the solar industry — and cleantech watchers — have been waiting to see when the startup would debut. Well, according to a report in Reuters this week, SolarCity plans to go public before the end of the year, and the move was delayed a bit by super storm Sandy.

Based in San Mateo, south of San Francisco, and founded in 2006, SolarCity wants to be listed on the NASDAQ under the symbol “SCTY.” The company recorded $59.55 million in revenue and $73.71 million in net losses in 2011, compared with $32.43 million in revenue and $47.07 million in net losses in 2010. For the first six months of this year, the company posted $71.42 million in revenue and $48.91 million in net losses.

If SolarCity has a successful IPO it could be an important bellweather for venture-backed solar and next generation energy technology exits. There have been very few in 2012 — for example, solar project developer BrightSource ditched its planned IPO because it wasn’t getting the valuation it wanted.

http://gigaom.com/cleantech/report-solarcity-ipo-before-the-end-of-the-year/
http://gigaom.com/cleantech/5-things-to-know-about-solarcitys-ipo-and-its-not-all-good/