The funding is part of an expansion of C&I developer REC Solar’s channel partner program.
The new 4 kWh sonnenBatterie eco compact retails at $5,950 plus inverter but before installation.
Both private equity and debt funding were down significantly in Q2 and public market financing remains weak, but distributed solar project funds continue to boom.
The non-profit will also train 500 LA residents in solar installation.
The fifth-largest distributed solar installer in the United States will now be traded on the NASDAQ, which is expected to give it a capitalization of $607 million.
Obama, Trudeau and Peña Nieto will be presenting the target, which will include nuclear and carbon capture and storage, at a summit of the three leaders.
GTM Research and the U.S. solar trade group forecast that Texas will install 4.6 GW of solar PV over the next five years, nearly all of which will be utility-scale.
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