Trending in solar financing: Loans are leading as installers offer more solar financing options

With dropping solar equipment costs, solar arrays are becoming much more affordable for residential customers. As a result, more customers are opting to own their systems through cash or loans rather than through leasing or PPAs. “For some customers, the monthly payment on a loan to own the system is about the same as what

CleanFund and Solaria partner on architectural solar incentive program

CleanFund Commercial PACE Capital, the leading Commercial Property Assessed Clean Energy (C-PACE) financier, and Solaria Corporation, global provider of solar module technologies, have formed a C-PACE financing partnership making the integration of solar technologies into the building skin more affordable. By providing commercial building owners access to Solaria’s customizable product line, along with the benefits

GridShare announces new renewable project crowdsourcing platform

GridShare announced the launch of its independent crowdfunding platform to help renewable energy projects and cleantech companies raise capital. By creating an online platform where investors can independently engage with project owners seeking funding, GridShare is a game-changer for the alternative energy industry. GridShare is a unique online platform where renewable energy project developers and

Software start-ups automating solar asset management

Two new software developers are helping asset managers save time and money  As solar projects increase in size and number, owners need to manage them efficiently. The industry refers to this as asset management. Asset management has become a hot topic in solar. In fact, there’s even a conference on it: Solarplaza’s Solar Asset Management

Connecticut Green Bank offering low interest loans for bundled energy efficiency projects, like solar

The Connecticut Green Bank, in association with Energize CT, select local lenders, and contractors, is offering an extraordinarily low rate of 0.99% on home energy improvement loans. The new low rate is being offered as part of the Smart-E Bundle program, which is available when homeowners choose to finance two or more qualifying energy efficiency

Sunlight Financial to fund solar loans for 20,000 homeowners

Sunlight Financial, a leading provider of financing for residential solar systems, and Tech CU (Technology Credit Union), a credit union based in Silicon Valley, today announced the expansion of their partnership and residential solar loan program.  Tech CU will commit up to $500 million for about 20,000 more loans originated by Sunlight’s national network of installers. “We are

Why system testing matters for utility solar project financing

By: Rebecca Rogers Chilton, Domain Expert – Renewable Energy, Live Oak Bank More and more, utilities are seeing the advantages of renewables as part of their production mix. This leads to great opportunity–and competition–in the solar space, but first utility developers must secure debt and tax equity financing. System testing is key standard for lenders

What is a solar power purchase agreement?

Power purchase agreements (PPAs) can be a great tool for financing solar projects, especially in the commercial market. Here, we’ve reshared a blog from SunPower to explain some PPA basics.  A solar PPA is one of several ways businesses and public entities can pay for solar. Organizations should weigh the pros and cons of solar

ORIX partners with IGS Solar to expand solar investments

ORIX USA, a division of integrated financial services group ORIX Corporation, announced a partnership with IGS Solar, a turnkey commercial and residential solar provider. Together, ORIX and IGS will develop, acquire and operate a nationwide portfolio of commercial and industrial solar energy generation products across the United States. Committed to growing its renewable energy business

Appraising sunrays: How to value solar on residential rooftops

Sandra Adomatis is on a quest to unite appraisers and installers so solar is properly valued on homes. Adomatis is an appraiser in Punta Gorda, Florida, and is considered an expert in green valuation. She is one of the authors of the SunShot study Selling into the sun: Price premium analysis of a multi-state dataset