Tag: financing
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Sol Systems awarded SRECs for 80 no-cost solar systems in Washington, D.C.’s Solar for All program
The DC Sustainable Energy Utility (DCSEU) announced that Sol Systems has been awarded a five-year strip of Solar Renewable Energy Credits (SRECs) generated by an anticipated 80 rooftop solar energy systems installed on single-family households throughout the District. All 80 homes will receive their solar systems at no cost throughRead More — Solar Builder magazine
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Spruce Financial closes $208 million secured senior financing of its owned residential solar assets
The revived Spruce Finance, focused now as an owner and operator of distributed generation solar and residential energy assets, just announced the closing of a $208 million senior secured financing of its residential solar assets. The debt financing gives Spruce access to competitively priced capital, further optimizing its capital structureRead More — Solar Builder magazine
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7X Energy completes second PPA to fund development of Texas’ largest solar facility
7X Energy entered into a second power purchase agreement (PPA) for the remaining power of its 690 MWp Taygete Energy Project located in Pecos County, Texas. The solar energy from the Taygete facility will be purchased by two large corporate entities in SolarBlocks, a fixed shape solar energy product offeredRead More — Solar Builder magazine
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The Carolinas’ big solar day: 14 utility-scale projects selected for construction by Duke Energy
Bringing more cost-effective solar energy to the Carolinas, 14 utility-scale projects have been selected during an independently judged bidding process – part of a 2017 comprehensive renewable energy law. Based on an independent evaluation process, Duke Energy will produce or purchase a total of 602 megawatts (MW) of renewable energyRead More — Solar Builder magazine
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Details on PowerSwitch 6, Mosaic’s latest residential solar financing innovation
Mosaic is synonymous with residential solar loans by this point and is celebrating its six years in the game with yet another innovative financing option: PowerSwitch 6. This new financing vehicle bundles a few features that will benefit prospective solar customers while improving solar installers’ cash flow, processing and customerRead More — Solar Builder magazine