Berkeley, California, welcomed Ygrene Energy Fund’s YgreneWorks PACE (property assessed clean energy) program to help home and business owners finance a broad range of energy efficiency, renewable energy and water conservation upgrades. To date, Ygrene has been selected by 320+ cities and counties across California and Florida, making it the nation’s leading multi-state residential and
ConnectDER, an early-stage company developing a meter collar that enables residential solar to connect to the grid cheaply, safely and rapidly, has closed its $1.1 million Series A round with support from a first-of-a-kind investment collaboration between Investors’ Circle (IC) and PRIME Coalition. Nine individual IC investors were joined by three parties from the PRIME Coalition
MMA Energy Capital, a Maryland limited liability company and wholly-owned subsidiary of MMA Capital Management, announced that it has reached nearly $400 million in originations of renewable energy investments for the joint ventures it manages, and its own account, since its inception two years ago with volume in 2016 more than tripling 2015 origination volume.
Renovate America, the nation’s leading provider of Property Assessed Clean Energy (PACE) financing, and Greenworks Lending, the nation’s most experienced commercial PACE financing team, announced a national partnership to spur efficiency and renewable-energy investments on commercial buildings. Under the national partnership, Greenworks Lending and Renovate America will begin offering commercial PACE financing through the HERO
Stion’s “Simply Better” modules have been added to the approved vendor list for Sungage Financial, a Boston-based solar financier of residential solar systems. As a result, solar installers are now able to use Stion’s thin-film CIGS modules for solar systems financed through Sungage Financial. Sungage’s approval supports the increasing demand for Stion’s all-black, U.S.-manufacturered modules on
Mosaic, provider of solar loan financing solutions for homeowners, has closed the first securitization of its residential solar loan portfolio. The Mosaic Solar Loans 2017-1 transaction (“MSAIC 2017-1”) resulted in proceeds of $138.95 million and received a “Green Bond” designation based on the standards published by the International Capital Markets Association and pursuant to a
Solar Wolf Energy announced that it has aligned themselves with solar financing organization Dividend Solar. “We have spoken with most of the major players in the finance space and felt like Dividend Solar has both the talent and the growth trajectory going forward that coordinates within our own forward outlook,” said Solar Wolf CEO Ted
By Mary Rottman, former President of the Solar Energy Finance Association, which has now merged with SEIA The ITC extension helped the industry refocus on its long-term future, rather than a short-term goal of installing as much as possible before the end of 2016. The extension gives developers much more runway to plan through 2022.
This blog was originally published at CivicSolar.com by Charlie Seltzer. The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. PACE programs allow local governments, state governments, or other inter-jurisdictional authorities, when authorized by state law, to fund the up-front cost of energy improvements on