Tag: financing
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Spruce Power expands into commercial solar services
Spruce Power Holding Corp., a third-party owner / operator of home solar assets across the United States, is expanding its services into commercial solar with the launch of Spruce Pro. The Spruce Pro launch comes after forging partnerships with commercial solar owners in 2023. Spruce was able to create new revenue at high investment returns……
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NineDot raises $225 million for battery energy storage projects | Solar Financing Spotlight
Energy storage takes center stage in the latest edition of the Solar Financing Spotlight, as NineDot Energy, RedoxBlox and Key Capture Energy have secured funding for upcoming projects. Meanwhile, Sunlight Financial and Altus Power are making moves on the investment, sales and acquisition front. Community-scale battery energy storage systems (BESS) developer NineDot Energy has secured……
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Solar financing consolidation continues: Sunstone Credit acquires ORKA Finance
Despite the many advantages of solar for businesses, most companies have lacked access to loan financing for solar installations in the past, forcing them to pay cash, use a more cumbersome financing solution, or forgo the benefits of solar altogether. Sunstone Credit is the largest commercial solar fintech platform. As such, it is in position……
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Capital Good Fund launches solar leasing program in Georgia for lower income homeowners
Lower-income earners, families of color, and senior citizens spend disproportionately more of their income on utilities without the means to compensate when their bills go up. Georgia is one of the top five states in the country with the highest low-income energy burden. Despite dramatic decreases in the cost of clean energy, solar options remain……