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Open Energy dedicates $50 million to commercial solar power finance

Open Energy’s program funds projects costing between $250,000 and $2 million. The capital lease program hopes to finance 70 MW of projects through the end of this year.

First Solar still sold out into 2020

The thin film solar maker is also reviving its EPC division with a goal to build 1 GW of solar projects each year, as well as increasing its presence in O&M services.

DOE lashes out at 1366 Technologies

1366 Technologies, “recipient” of an undisbursed $150 million manufacturing loan guarantee, has received an aggressively-worded letter from the U.S. Department of Energy as it seeks a Section 201 exemption.

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New York to take bids for 20 large renewable projects by 2022

The Empire State state has announced a solicitation for 1.5 million megawatt hours of renewable electricity, to be delivered by 2022.

Residential solar power grows 11% in Q1 2018

OhmHome estimates 72,996 residential solar power installations in the first quarter of 2018, with California and Massachusetts growing 14% and 9%, respectively.

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Dividend’s solar power securitization receives industry’s first “AA” rating

Dividend Finance has closed a $104 million residential solar loan securitization, following on its first $129 million securitization in October 2017.

Commercial solar power strategically sited in San Diego

Clean Coalition, NREL and City of San Diego are working on solar siting and designing a feed-in-tariff program to drive grid resilience via distributed solar power.

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Green shift in finance accelerating – $200B from Wells Fargo

Wells Fargo plans to invest $200 billion by 2030 in sustainability projects, including at least $100 billion in green bonds and clean energy technologies including renewable energy, EVs and batteries.

Congress fights Trump’s solar tariffs

Representative Jacky Rosen (D) of Nevada introduced the ‘Protecting American Solar Jobs Act’ on April 19th. The bill would repeal the tariffs imposed under the Section 201 ruling.

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Florida allows Sunrun solar power leases despite 3rd-party ban

Florida regulators have ruled that Sunrun’s 20-year solar equipment lease in Florida is not a retail sale of electricity – opening the door to third-party owned solar.

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