Berkeley, California, chooses YgreneWorks PACE program for its residents

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

Solar start-up ConnectDER receives funding from PRIME Coalition and Investors’ Circle

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 reaches nearly $400 million in renewable energy investments

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.

3 misconceptions of PACE financing

This condensed article is based on a report released by Morningstar Credit Ratings and re-posted with permission. Read the full report here. As financing of energy-efficient projects through property assessments becomes more widespread, concerns and misconceptions regarding its use and oversight have become more common. Morningstar Credit Ratings LLC explores three misconceptions it has heard from market

Renovate America partners with Greenworks Lending on commercial PACE financing

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 thin-film CIGS modules added to Sungage Financial’s approved vendor list

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 completes inaugural securitization of residential solar loans

 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 partners with Dividend Solar for solar financing

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

Solar financing trends in 2017

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.

4 ways PACE can help you land commercial projects

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