Tag: Loanpal
-
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
-
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
-
Tesla drops to third in U.S. Solar Installer Rankings due to its strategy shift
Tesla installed 6.3 percent of U.S. residential solar capacity in the first quarter of 2019, marking the first time the company has fallen to third place since Wood Mackenzie Power & Renewables has been tracking installer market shares in its U.S. PV Leaderboard, dating back to Q1 2013. Vivint SolarRead More — Solar Builder magazine
-
Ginlong Solis inverters added to Loanpal approved vendor list
Ginlong Solis‘entire line of Solis Residential Inverters and accessories have been added to the Approved Vendor List (AVL) of Loanpal. Wood Mackenzie Power & Renewable has ranked Loanpal as the second largest residential solar loan provider in the U.S with a 20% market share in that space in 2018. GinlongRead More — Solar Builder magazine