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 Energy Post. By Sonja van Renssen With his invention of the SolarLease for SolarCity, he revolutionised the US residential solar market. Now, David Arfin, CEO of First Energy Finance, wants to take his business model to other parts of the world, including Europe, and apply it to … [continued]
Originally published on Cost of Solar. When it comes to the cost of installing and using a solar array for a home or business, is it better to own the solar panels or to lease them from a third party? Solar leases can be attractive due to their low or … [continued]
A new residential financing deal packages energy storage with solar panels in a combined rental and lease deal, so homeowners pay no money up front.
This article first published on RenewEconomy Sadly, this is not a story you will likely read about an Australian electricity network provider – given the pushback from their mostly state-government owners on the proliferation of rooftop solar PV. But, hopefully, it won’t be too far away. A New Zealand electricity … [continued]
Solar energy leasing has fast become a major conduit for institutional investors to participate and spur adoption and growth of solar PV on rooftops of US homes. Clean Power Finance has quickly risen to become a leading player in the field.
Pioneering one-stop residential solar systems provider Sungevity and Holland multinational Rabobank have teamed up to establish a residential solar fund that will support over $50 million of new residential solar lease projects around the US. Sungevity’s been growing fast lately: monthly sales have grown 10-fold since January while employee headcount has tripled to around 300.
California’s PG&E has just invested $100 million in SunRun, which offers solar power purchase agreements, (in addition to its earlier $61 million investment in Solar City‘s solar lease), through its investment arm, Pacific Energy Capital. Some of the California utility investment will help homeowners in other states, like Texas, get … [continued]
