Tag: low-income
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Luxury brand CHANEL commits $35 million to low-income solar projects with Sunrun
In innovative renewable investment news, CHANEL (yes, that CHANEL) just committed $35 million toward solar energy projects for low-income multifamily households with Sunrun Inc. — a partnership will expand access to solar for nearly 30,000 low-income residents (30 MW) across California, offering families on average up to $40 to $50 aRead More — Solar Builder magazine
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Fast track solar projects with this cool, ‘Turbo-Tax’-simple Originator Engine, loan program
Raise Green is an investment marketplace for green infrastructure and clean energy projects, and this week it has launched a ‘Turbo Tax-like’ platform that will simplify the paperwork to build a solar project and help crowdfund the financing to get it built. The solution, Originator Engine, was developed in partnershipRead More — Solar Builder magazine
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Low-income solar provider PosiGen poised to keep growing with new debt facility
PosiGen, a residential solar and energy efficiency provider for low-to-moderate income families (LMI), nailed down a new debt facility that, along with the Connecticut Green Bank, means a combined $100-million facility to provide solar systems and energy efficiency upgrades to LMI homeowners in Connecticut and New Jersey. The debit facilityRead More — Solar Builder magazine
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SOLCAP regional bank-focused tax equity fund closes first solar portfolio with Pine Gate
KeyState Renewables, LLC and Corner Power, LLC launched SOLCAP I LLC, a solar tax equity fund for community and regional bank investors in Q4 2019. The fund had its initial closing on February 6, 2020 and will remain open to additional tax equity investors until mid-March 2020. SOLCAP also announcedRead More — Solar Builder magazine
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SOLCAP regional bank-focused tax equity fund closes first solar portfolio with Pine Gate
KeyState Renewables, LLC and Corner Power, LLC launched SOLCAP I LLC, a solar tax equity fund for community and regional bank investors in Q4 2019. The fund had its initial closing on February 6, 2020 and will remain open to additional tax equity investors until mid-March 2020. SOLCAP also announcedRead More — Solar Builder magazine