Tag: financing

  • New York approves $5 billion fund to grow renewable energy

    New York keeps showing its dedication to renewable energy. Governor Andrew M. Cuomo and the New York State Public Service Commission’s approved a 10-year, $5 billion Clean Energy Fund to accelerate the growth of New York’s clean energy economy, address climate change, strengthen resiliency in the face of extreme weather andRead More — Solar Builder magazine

  • SolarCity completes first securitization of distributed solar loan assets

    SolarCity Corp. completed its first securitization of distributed solar loan assets, the company’s fifth securitization transaction to date. SolarCity completed a private placement in the amount of $185 million—$2.89 per watt of generation capacity in the portfolio—with a blended coupon interest rate of 5.17 percent and a blended yield rateRead More — Solar Builder magazine

  • New SolarCity referral program will donate to nonprofits that get sign ups

    SolarCity launched a new referral program called SunRaising that allows nonprofit organizations to raise funds by encouraging members to adopt solar. Nonprofits can enroll in the SunRaising program now by visiting the registration website. Each time a supporter of a specific SunRaising partner organization signs up, SolarCity will donate $200Read More — Solar Builder magazine

  • Enact Systems, West Monroe Partners collaborate on distributed energy cloud solution

    Enact Systems provides a cloud-based end-to-end business process automation solutions for distributed energy developers, installers, investors as well as utilities and energy co-operatives. The company’s latest partnership with West Monroe Partners will be a strategic implementation in the U.S. utility industry. “A number of our utility clients are looking to launch internal capabilities toRead More — Solar Builder magazine

  • New financing product for commercial solar projects launched by Wunder Capital

    Wunder Capital recently launched its second financing product for commercial solar PV projects, Wunder Bridge Loans. New Wunder Bridge Loans are designed for solar professionals in need of working capital for project development activities and serve as a strong compliment to Wunder’s long-term debt product, which was launched in mid 2015Read More — Solar Builder magazine