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
Sunnova announced the expansion of its EZ Own Loan, allowing homeowners to own their solar power system with no out-of-pocket expenses for down payments or maintenance. “The EZ Own Loan allows Sunnova to provide more homeowners with the option to choose solar and lower their electricity costs,” said Jordan Fruge, Chief Marketing Officer at Sunnova.
The Solar Energy Industries Association (SEIA) and the Solar Energy Finance Association (SEFA) are joining forces and forming a new entity under SEIA to support wide-scale, low-cost solar deployment through better access to investment capital. Under SEIA, the two entities will better serve their membership and act as a single voice and organizing force for
By Jonathan Doochin, CEO of Soligent & Mark Colby, GM of Ygrene For the last two years, renewable energy has been the largest source of new power generation, and the solar industry will have another banner year of growth, doubling capacity from 2015 with an expected 13.9 GW install base in 2016. Continued growth is
REC Group, one of the leading providers of solar PV modules to the US market, and CleanFund Commercial PACE Capital, the leading direct capital provider of commercial PACE financing, announced today a partnership that will accelerate the rollout of its SolarPACE program. SolarPACE is long-term solar project financing that is designed to maximize solar energy
Print out this “tear sheet” and pin it to your wall for an easy reminder of all the documents you need to get your solar project debt financed! Read more about debt financing in this blog Documentation is key to getting solar project debt financing.
By: Michael Tingle, Director, Corporate Business Development at ORTECH Consulting Inc. You have received your power purchase agreement, feed-in tariff (FIT) contract offer or request for proposal (RFP) win; now you are thinking “I need to get my project debt financed!” Enclosed is a list of best practices to make this process as easy as
To empower property owners with greater choice when evaluating their solar installation options, EnergySage is collaborating with some of the industry’s most innovative lenders for residential and commercial solar. Recent agreements with BlueWave, Renew Financial, and Wunder Capital help ensure that all quotes submitted through the EnergySage Marketplace will have a solar loan option available
By Daniel Hill, director, sales & marketing at Tabuchi Electric Innovative financing options like the Power Purchase Agreement (PPA) have catalyzed record growth in the residential solar sector. But new regulations and rate structures are slowing residential solar adoption in areas where solar production is high. The reliable payback offered by net metering is giving
Open Energy, an innovative provider of debt financing solutions for U.S. commercial and industrial solar projects, today announced that it has been selected as a Rising Star finalist for the Platts Global Energy Awards. Open Energy is recognized for developing the first-of-its-kind online borrower platform for non-residential solar developers and asset owners. The 2016 finalists were chosen from