Tag: financing
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Kresge Foundation makes a $3 million commitment to solar + storage development in disadvantaged communities
The Kresge Foundation, Clean Energy Group (CEG) and New York City Energy Efficiency Corporation (NYCEEC) announced groundbreaking $3.3 million commitment this week – through a Kresge loan guarantee and connected grants – to accelerate the market development of solar PV plus battery storage (solar+storage) technologies in historically underserved communities. TheRead More — Solar Builder magazine
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Dividend Finance completed sale of $200 million of residential solar loans
In December 2019, Dividend Finance LLC completed two significant transactions, including the sale of approximately $200 million of residential solar loans to a large institutional investor and the execution of a $100 million credit facility for its home improvement loans with Citibank, N.A. “The size of our portfolio sale affirmsRead More — Solar Builder magazine
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Capital Dynamics, 8minute Solar Energy team up on Eagle Shadow Mountain project acquisition
Capital Dynamics, an independent global private asset management firm, and 8minute Solar Energy, one of the largest independent solar and storage developers in the U.S., announced the acquisition of the Eagle Shadow Mountain Solar Project. Located near Clark County, Nevada, Eagle Shadow Mountain is the first of two cleanRead More — Solar Builder magazine
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Nautilus Solar acquires C&I, community solar portfolio spanning seven states from Virgo
Nautilus Solar Energy acquired a 31.5 MW portfolio of operating solar project assets from Virgo Investment Group. The portfolio of community solar and large C+I projects spans seven states, from California to Rhode Island, and serves customers such as hospitals, housing authorities, a community college, a regulated utility and residentialRead More — Solar Builder magazine
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Five trends driving solar energy globally in 2020 via Sun Investment Group
The solar energy market is predicted to increase at a CAGR of 20.5% from 2019 to 2026, and account for $223.3 billion by the end of 2026. Although climate change is the primary reason why solar energy is gaining popularity, Andrius Terskovas, head of business development at Sun Investment GroupRead More — Solar Builder magazine