Tag: financing
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CIT Group finances nine community solar gardens in Minnesota, developed by Nordic Solar
The Energy Finance unit of CIT Group‘s Commercial Finance division served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC, a developer and owner of solar energy facilities, to support the operation of a newly constructed portfolio of nine community solar garden projectsRead More — Solar Builder magazine
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Honolulu apartment building goes solar via power purchase agreement
EnSync Energy Systems announced the sale of a 20-year power purchase agreement (PPA) with Nuuanu Terrace to an undisclosed investor. The PPA offers the Honolulu apartment building with three dozen units affordable energy and cost savings during the 20-year agreement period. This photovoltaic PPA is the first of a two-partRead More — Solar Builder magazine
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Honolulu apartment building goes solar via power purchase agreement
EnSync Energy Systems announced the sale of a 20-year power purchase agreement (PPA) with Nuuanu Terrace to an undisclosed investor. The PPA offers the Honolulu apartment building with three dozen units affordable energy and cost savings during the 20-year agreement period. This photovoltaic PPA is the first of a two-partRead More — Solar Builder magazine
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Strength in numbers: How solar installers can build business through third-party programs
As the story goes, solar system costs came down, which drove up demand. But this story is a bit too simplistic because the price drop and demand rise allowed the solar market to mature. In those years where module, mounting and inverter manufacturers drove down costs, quality increased, better salesRead More — Solar Builder magazine