The solar power loan issuer Mosaic, based in Oakland, CA, recently announced two major milestones. It surpassed over $7 billion dollars in loans issued and achieved its largest securitization. Mosaic initially used crowdfunding for commercial solar development projects, but switched to solar loans several years later. Now it is a … [continued]
A first stab at clarifying how electric and hybrid vertical take-off & landing (eVTOL) and conventional electric and hybrid aircraft (eCTOL) will interact in our urban air mobility future was recently made by the European Aviation Safety Agency (EASA). It calls the first eVTOL rule “the first building block to enable the safe operation of hybrid and electrical VTOL aircraft.”
New research from Wood Mackenzie has found that solar loans were the preferred and dominant financing solution for residential solar systems in the United States through the first half of 2018, accounting for 42% and outperforming third-party-owned solar systems for the first time.
Despite the challenging legal and financial barriers facing community renewable energy, a surprising number of projects and project models have succeeded. These projects have brought together hundreds of people into ownership of renewable energy, often saving them money, and keeping more of the money they spend on energy in their own community.
There are three big tools for breaking down the barriers to community renewable energy: using non-tax-based incentives for renewable energy, simplifying the process of raising capital, and adopting formal “community energy” laws that enable power sharing.
In this report, we talked about several forms of community renewable energy. Community-owned renewables are owned locally, by members of the community. Shared renewables may or may not be locally owned, but the community can share the output. Group purchasing involves collective action to purchase renewable energy, such as rooftop solar arrays, but the benefits accrue to the individuals who host the solar on their rooftops.
“California clean energy businesses are not the be all and end all, but they are providing resources for other businesses to succeed,” Danny Kennedy, managing director of the California Clean Energy Fund (CalCEF), said in an exclusive interview with CleanTechnica. “I think that’s going to accelerate in the post-Trump reality.”
Leading American solar loan financier Mosaic has announced a series of moves, including the closure of a $250 million warehouse facility, which has resulted in more than $550 million in new loan funding capacity.
Originally published on the ECOreport. Colin Walsh was a marketing executive for Mosaic before he became the CEO of Wave Solar. Though the two companies are now partnering to work with Mosaic’s clients, he insists they are separate entities. Wave Solar is a highly successful DOE SunShot Initiative project, whose target is reducing residential … [continued]
Mosaic, one of the United States’ leading solar financing solutions, announced it had closed on $200 million in financing for residential solar in the US. One of the leading providers of “affordable solar financing solutions for homeowners,” Mosaic announced on Wednesday that it had closed on an “up to $200 … [continued]
