Mosaic, Sunrun lead residential solar finance
GTM Research finds that the loan provider has become the largest residential financier overall, while Sunrun leads in the third party solar space.
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.
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.
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.
Battery storage funding booms in Q1 (w/ chart)
The latest report by Mercom Capital finds VC investment in battery storage companies rising five-fold year-over-year to $299 million in 12 deals.
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.
Wunder Capital raises $112 million to scale C&I finance solutions
The solar finance technology company’s Series B financing round is 30x larger than its Series A round a year ago.
Solar ownership still tilts towards high income, but evolving
An analysis of more than 800,000 solar installations has found that the median income of pv adopters is $32,000 per year higher than the median of all households, but the median income of buyers is on a downward trend.
Are corporates ready to invest in solar? Rethinking the value proposition
In this op-ed for pv magazine, Mike Mendelsohn and John Harper look at issues with the supply of tax equity financing for solar deployment.
U.S. solar investment remains sluggish in Q1 2018
BNEF’s latest report on global clean energy investment trends finds a second quarter of slow investment in solar, with the U.S. market remaining interrupted.
