Tag: News
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LoanPal adds PenFed Credit Union to home solar financing platform
PenFed Credit Union, the second largest federal credit union in the United States, is partnering with Loanpal, a leader in new residential solar loans, to use its platform to finance more quality home solar projects. Loanpal is responsible for more than $2 billion in residential solar loans since 2018 and 30%Read More — Solar Builder magazine
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Meet PV PlantProtect: An insurance program to reduce utility-scale solar project risk
PV Evolution Labs (PVEL), Lloyd’s of London syndicate Ariel Re (a member of Argo Group), and Beecher Carlson Insurance Services, are teaming up on an innovative new insurance program that integrates technical due diligence practices to reduce the financial risk for utility-scale solar project developers. Known as PV PlantProtect, theRead More — Solar Builder magazine
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McElroy Metal adds solar system with roof recover at its third manufacturing plant
After completing successful solar panel installations with roof recovers at plants in Peachtree City, Ga., and Adelanto, Calif., McElroy Metal recently completed a third solar conversion with its plant in Clinton, Ill. Inovateus Solar installed 1,116 Hanwha Q-Plus L-G42 350W panels on the facility in Clinton. The system is ratedRead More — Solar Builder magazine
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EnerBank adds four new flexible repayment options for solar customers
EnerBank USA, the national consumer lender that helps strategic business partners and independent home improvement contractors increase their sales, announced four new Triple Option Loan terms for contractors to offer homeowners who are installing solar panels and expect to receive income tax incentives, rebates, and/or other significant payments. The newRead More — Solar Builder magazine
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Six Flags in Northern California becomes first solar-powered theme park
Six Flags Discovery Kingdom, the Thrill Capital of Northern California, in partnership with sPower and Borrego Solar Systems, made the official switch to solar power at a special event to kick off the park’s 12th annual Holiday in the Park, the first to be powered by renewable energy. The eventRead More — Solar Builder magazine