Tag: News
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Four notes on the rise of residential solar loans over third-party owned leases
According to the U.S. residential solar finance update: H2 2019 from Wood Mackenzie, solar loans are officially outpacing leases in the residential solar segment – hitting 55 percent market share in the first half of 2019. This equals 40 percent growth year over year in solar loans. 1. Expanding baseRead More — Solar Builder magazine
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Solar tracker supplier Array Technologies partners with new logistics company
Phoenix Logistics, an affiliate of national private commercial real estate firm Phoenix Investors headquartered in Milwaukee, Wis., announced a new multi-state contract with Array Technologies. Phoenix Logistics will provide logistics services to Array for approximately 1 million square feet in Coffeyville, Kansas; Mayville, Wisconsin; and Hooks, Texas. Array is anRead More — Solar Builder magazine
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Renewable energy could top natural gas in new capacity added in U.S. in 2019
According to a review by the SUN DAY Campaign of data recently released by both the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA) for the first ten months of 2019, the mix of renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) is on trackRead More — Solar Builder magazine
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Sunnova, bullish on 2020 sales, announces safe harbor purchase and debt facilities to spur growth
Sunnova Energy International Inc. closed an aggregate $150 million in financing through an approximately $95 million revolving asset-based loan facility and a private placement of $55 million aggregate principal amount of convertible senior notes. Sunnova will be using this capital to grow its customer count and battery storage sales, asRead More — Solar Builder magazine
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The 19 best Solar Builder articles from 2019
Looking back at 2019, if I had to pick a pun moniker for the solar industry (and I do), it wasn’t so much a ‘solar-coaster’ as it was a ‘solar derby.’ Established companies, technologies and ideas were all bashing into each other, forming alliances and finding other competitive edges toRead More — Solar Builder magazine