Seraphim Solar earns confidence of financing firms

In an atmosphere where U.S.-based solar module manufacturers are dropping like flies, it’s nice to find one that is not only viable but is earning respect from finance companies at the same time.

Such is the case for Seraphim Solar USA, whose high-efficiency, American-made solar modules have found favor among residential finance companies. This means their installer networks can use the modules as part of their residential solar financing packages.

Sungage Financial and Sunnova are the latest finance firms to partner with Seraphim, citing the manufacturer’s bankability, product quality, and reliability.

The good news validates Seraphim USA’s decision to ramp up production at its fully automated, state-of-the-art PV module manufacturing factory in Jackson, Mississippi, which produces 60- and 72-cell polycrystalline and monocrystalline silicon modules for residential, commercial, industrial, governmental and military customers in the United States.

“Thanks to the confidence our finance partners and our customers have in our products, we’ve seen our order intake grow – we’re shipping our modules as fast as we can make them and are actively hiring production staff,” said Steve Ostrenga, vice president of sales for Seraphim Solar USA. “With uncertainty clouding some parts of the U.S. solar manufacturing community, developers and installers who want top-quality, U.S.-made products are looking to us as a reliable and bankable supplier.”

“The Seraphim Solar USA team has demonstrated operational excellence, both in terms of their people and their module manufacturing, as well as a solid track record of bankability,” said Jordan Fruge, chief marketing officer of Sunnova. “These attributes convinced us they belonged on our approved vendor list.”