America’s leading solar energy provider, SolarCity, has partnered with global bank Citi to create two funds which together will finance more than $347 million in solar projects for homeowners and small businesses. SolarCity announced on Wednesday that it had partnered with a leading global bank, Citi, to create two funds … [continued]
Days after the company announced its expansion into Austin, Texas, America’s leading solar power provider, SolarCity, announced it has taken in another million-dollar financing investment. It hasn’t been the greatest of years for SolarCity, with its second quarter results yielding a massive $250 million net loss, leading to its founders … [continued]
US residential solar provider Vivint Solar has closed another round of financing with a new term loan facility with lead bank Investec. Vivint Solar announced that it had closed a $313 million term loan facility on Thursday, which refinanced 11 tax equity funds that were part of the company’s aggregation facility. … [continued]
SolarCity, America’s leading solar developer, has raised yet more money to finance new solar projects, and this week announced another $345 million in tax equity from four separate partners. With preternatural clockwork regularity, SolarCity appears in our headlines as having raised more financing for its company. SolarCity has now raised … [continued]
Energy storage software provider Geli has announced it has closed a $7 million Series A investment round of financing. Start-up Geli, which stands for Growing Energy Labs Inc., a self-proclaimed “leading supplier of software and networking solutions to the energy storage industry,” announced earlier this month that it had closed … [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]
SolarCity and Vivint Solar have announced two separate solar funding projects which will boost US rooftop solar installations. SolarCity With a third of all US residential rooftop installations in the US in 2015, SolarCity has been leading the way for some time. The company has repeatedly and successfully launched new … [continued]
European energy storage manufacturer sonnen announced it is accelerating its presence in the US market by partnering with SolarWorld, PetersenDean, and Spruce. On Friday, the company also officially opened a new office in Los Angeles. Emphasis on the partnerships will be oriented toward rooftop solar and the residential market. Sonnen’s stated partner … [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]
The National Bank of Abu Dhabi has announced a commitment to “lend, invest, and facilitate” a total of $10 billion in financing to environmentally sustainable activities. According to an announcement made by the bank on Monday, the financing commitment, a first for a Gulf Council Country bank, is intended to … [continued]
