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Honda, SolarCity expand sun-powered partnership with new $50 million fund

It must be solar-power announcement time. The DOE is ready to throw $25 million at concentrating solar power and New York State just announced $94 million for solar projects. At the broadly green-minded South By Southwest Eco festival in Austin, TX this week, Honda announced an expansion of its work with SolarCity to include a new fund that could finance up to $50 million in solar projects for dealerships and homes. Well, the homes of people who have purchased a Honda or Acura vehicle, at least. Stop us if this all sounds familiar. Honda and SolarCity announced back in early 2013 that they would work together on a $65-million fund to partially subsidize the installation of solar-panels at Honda dealers and on homes of Honda and Acura drivers. The new $50 million will be used to pay for not only the equipment but also the installation, which means that if you can get access to the money, you're looking at a pretty sweet 20-year lease deal to get solar energy for your home and could make it a bit more like the Honda Smart Home in Davis, CA (pictured). How sweet a deal? Well, there's zero down payment required and a 3-kW system starts could cost you just $25 a month, according to the fine print. Rates will vary, for sure, but if that sounds like something you're interested in, check out the Honda SolarCity site. The new fund builds on the previous work that, the two companies say, created enough solar capacity to offset "more than 400 million pounds of CO2 over a 30-year lifecycle." There's more in the press release below. SolarCity and Honda Announce $50 Million Commitment to Provide Solar Power to Honda and Acura Customers and Dealerships SAN MATEO and TORRANCE, Calif., Oct. 8, 2014 – Today, at the SXSW Eco conference in Austin, TX, SolarCity® (Nasdaq: SCTY) and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the U.S. The companies have completed or initiated a range of solar projects for homeowners, dealerships and corporate facilities that total more than 12.5 MW of solar generation capacity. The two companies have already brought enough solar capacity online to offset more than 400 million pounds of CO2 over a 30-year lifecycle . The $50 million fund is a follow-up to a $65 million fund the companies created in 2013.

Acura MDX PMC priced at $63,745

The 2020 Acura MDX PMC edition, first unveiled as a prototype at the 2019 New York Auto Show last spring and later shown in production form at the L.A. Auto Show this past fall, is finally arriving in showrooms. And that means we now have actual pricing: $63,745. That includes a hefty $1,995 destination fee, which is $970 more than the charge for a regular MDX and equals that of the NSX supercar. The total represents a $4,470 upcharge over the now-penultimate MDX Advance, at $59,275. What does $4,470 worth of extra specialness buy you? Let us review: Like the previous PMC version of the TLX sedan, the MDX wears trim-exclusive Valencia Red Pearl nano pigment paint, applied with a multi-stage process at the NSX factory. It's set off with gloss-black exterior elements including 20-inch 10-spoke wheels, roof panel, grille and surround, side mirrors, door handles, and antenna, with black-chrome exhaust tips. Inside, the seats are upholstered in black Milano leather with Alcantara inserts and red contrast stitching. Red stitching also appears on the steering wheel, door panels, center console and armrest, and headrests. Floor mats have A Spec logos, and metal shift paddles are also included. Besides the PMC-specific visuals, the model includes a full raft of features, including navigation, heated and ventilated front seats, heated rear seats and steering wheels, adaptive dampers, LED exterior lighting, ELS Studio premium audio, second-row captain's chairs, surround-view camera system, and more.  Beyond the content, what makes the PMC edition unique is that it's partially assembled at the brand's Performance Manufacturing Center (thus, "PMC"), where the NSX is built. Production is limited to 300 units for the U.S. market, with another 30 for Canada. Related video: Acura NSX Factory Tour

2015 Acura TLX launch delayed

Last week in New York, Acura pulled the wraps off its all-new TLX sedan - a midsize model that replaces both the TSX and TL in one fell swoop. In a bit of behind-the-scenes full disclosure, we were originally scheduled to get our first drive of the car in early May. But an intrepid reader forwarded us an email to Acura dealers saying that the on-sale date of the TLX will be pushed back, and subsequently, the automaker confirmed to Autoblog that the official media launch has been postponed, as well. Acura spokesperson Chuck Schifsky tells us that the 2015 TLX will now go on sale later this summer.
"We don't view it as a major delay," Schifsky told Autoblog. The TLX is "the most technologically advanced Acura" yet - even more so than the original NSX, Schifsky says - and thus, there are "lots of systems to get sorted out." When asked if there is a specific component to point to regarding this delay, Schifsky told Autoblog that it's "not any one thing."
"We have determined that it is necessary to modify the production schedule for the 2015 TLX, which will move the on-sale date to late summer."