Tag: financing
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Sonnenbatterie energy storage system now an approved product for HERO financing
The Home Energy Renovation Opportunity (HERO) financing program has just named Sonnenbatterie’s residential and commercial intuitive energy storage management solutions as approved products. Sonnenbatterie manufactures lithium-ion energy storage systems for residential customers wanting a reliable system for self-consumption. Sonnenbatterie also offers applications for backup power, enabling energy independence with alternative energy sourcesRead More — Solar Builder magazine
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A first: HUD approves PACE financing for solar in D.C. public housing
Washington continues to push solar installs, but in a more tangible way this time, as the District of Columbia’s Property Assessed Clean Energy (DC PACE) Program announced $700,000 in financing for the installation of solar and energy efficiency equipment as part of the Phyllis Wheatley Young Women’s Christian Association (Phyllis Wheatley YWCA) $17Read More — Solar Builder magazine
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PosiGen snags Goldman Sachs investment to provide solar to low-income families
Months after providing PosiGen Solar Solutions with a working capital loan, Goldman Sachs, through its Urban Investment Group, has now made an equity investment in the Louisiana-based company to allow PosiGen to continue its explosive growth. What or who is PosiGen? Well, the company is focused on providing solar productionRead More — Solar Builder magazine
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Solar funding activity: Q3 falls by half, yieldcos out of favor
After two record quarters, residential and commercial solar funds in Q3 2015 fell by almost half with $997 million in five deals, according to the Mercom Q3 Solar Funding and M&A Report. However, the year-to-date total has now surpassed the $4 billion raised last year. “After a record second quarter, projectRead More — Solar Builder magazine
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Solar ag boost: More USDA loans, grants available for renewable projects
The ag sector is an important one for solar, so the announcement last week from the USDA that it is awarding loans and grants that will help more than 1,100 rural small businesses and agricultural producers reduce energy usage and costs in their operations is a welcome one. The funding isRead More — Solar Builder magazine