Sunrun yesterday announced the closing of $250 million of senior secured credit facilities to support growing its residential solar business. According to SolarServer, the deal represents Sunrun’s largest syndicated bank financing to date. Financing has been provided by a syndicate of lenders arranged by Investec. “This financing demonstrates Sunrun’s ability to continue to … [continued]
Cold weather driving presents challenges for EV owners, but Penn State researchers have come up with an effective, affordable solution.
SolarCity today announced SunRaising, a referral program that allows nonprofit organizations to raise additional funds by encouraging members to adopt solar. California-based SolarCity will donate $200 to the nonprofit for each person who signs up for solar. Riverkeepers is one of its early participants. Organizations can tap into this powerful money-raising option … [continued]
Sunrun has announced the closure of a $250 million round of credit facilities from Investec and Investec Bank. Sunrun, the single largest dedicated residential solar company in the US, announced the closure of financing Tuesday, which will be used to facilitate the growth of Sunrun’s residential solar business. According to … [continued]
LG Electronics will invest $435 million to triple its production of N-type solar modules. An expanded production facility in Gumi, South Korea will be employed to reach this goal. Currently, LG’s production is approximately 1 GW, but it wants to grow that figure to 3 GW by 2020, with a stop at 1.8 … [continued]
Originally published on RMI Outlet. By Chris Nelder and Mark Dyson Over the past month, the state of Nevada has been at the center of a national debate about how utilities treat customers with solar PV—and for all the wrong reasons. Through about Q3 2015, Nevada had been a leading … [continued]
As shown in numerous polls, most people in the US and elsewhere are concerned about the ecological effects of anthropogenic climate change. However, another aspect of the phenomenon will impact the stability of human systems around the globe more immediately than profound environmental changes. That is the economics of climate … [continued]
When Ford first began introducing its prototype foldable/transportable/electrified bicycles, the general response from mainstream media was relatively muted, perhaps because not too many auto industry observers knew what to make of the whole pedal power idea coming from the home of horsepower icons like Mustang, GT, and F-150.However, if you … [continued]
Update: Tesla also published an official video for Summon today which formally adds it to the Autopilot suite: On the heels of the soft launch of firmware version 7.1 this past weekend, Tesla dropped a new blog post with the official perspective on the latest firmware release and it contains a … [continued]
Google’s Project Sunroof is growing, as it has just reached 20 US metro markets, which will allow more homeowners to easily see if rooftop solar is right for them. The giant tech company just announced it’s expanding its analytical tool from three major US cities (Boston, Fresno, and San Francisco) to … [continued]
