As Kirsten Grind’s reporting on Property Assessed Clean Energy (PACE) in the Wall Street Journal expanded, the mortgage banking lobby’s anti-PACE talking points were embraced.
Rooftop solar power prices have been dropping. Home energy storage prices have been dropping. New and increasingly compelling electric vehicles keep coming to market. These are cleantech topics that come up daily as these industries keep growing and growing. However, there are transformative elements of the cleantech world that stem from more nuanced business innovations and policies. One of those is Property Assessed Clean Energy (PACE) financing.
With the new Protecting Americans from Credit Exploitation (PACE) Act, three Republican senators push alternate facts on PACE financing.
After months of review, the DOE’s new PACE Guidelines have finally been released. The USA’s largest Property Assessed Clean Energy (PACE) providers do not anticipate any complications with the DOE’s new guidelines. Both Renovate America and Ygrene believe they are already in line with most of what the government is suggesting.
Last July, Leon County (home to Tallahassee) became the first Florida municipality to adopt the HERO PACE Program. Several other Florida counties and cities followed suit. The latest was Orlando, whose city council approved the program this week.
As part of an effort to improve homeowner access to rooftop solar photovoltaic system financing, the residential solar energy systems provider Vivint Solar will be partnering with the residential Property Assessed Clean Energy (PACE) financing provider Renovate America. The partnership will of course see Vivint Solar now offering Renovate America’s … [continued]
T-REX, a fintech company focused on renewable energy financial analytics has just announced announced a partnership with Renovate America to provide the analytics and structuring platform for Renovate America’s capital markets transactions.
Originally published on the ECOreport. Sacramento was one of the 16 cities and five counties that recently adopted the HERO Property Assessed Clean Energy (PACE) Program. Now 85% of California can apply for HERO PACE loans. Actually Saving Money Some customers are actually saving money, in terms of their cash flow, by … [continued]
Originally published on the ECOreport The Environmental Protection Agency recognized three local governments for their “Innovative Partnerships” with a PACE provider in its 2016 Climate Leadership Awards. In the press release, in which the EPA announced awards being given to “One Individual, 13 Organizations, and three Partnerships” across the US, it says: The … [continued]
Originally published on the ECOreport Since 2011, Renovate America has financed more than $1 billion in home improvements through its HERO program. This is a significant investment which is paid back over twenty years. Thus it is not surprising to read about Renovate America’s 5th securitization of PACE bonds. Plans … [continued]
