Job moves at NEXTracker, Tesla, Fluence, Mosaic, Vote Solar, Voltus, Nomura Greentech
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
BNP Paribas expands Mosaic warehouse facility to $200 million, extends term
Solar loans became more popular than third-party-owned solar in early 2018 and are now the financial tool of choice for homeowners.
Morning Brief: City Electric Supply enters residential solar, Spruce Finance acquires 31 MW residential portfolio
Today in the morning brief, Mosaic passes $3 billion in funding, Sunfolding is a 2020 global greentech company, environmental advocates applaud APS’ carbon-free commitment, and more.
A loan for your PV system & your new roof too
Mosaic has unveiled a more versatile loan product with a variety of innovations, including allowing households to qualify on the basis of total income, as well as an option for full amortization at the inception of the loan.
Raising capital in very large chunks: The rise of solar securitization
In this op-ed for pv magazine, Mike Mendelsohn of the Solar Finance Council looks at the dramatic rise of securitization as a means to efficiently secure capital.
A voice for the solar consumer: the SRA
The Solar Rights Alliance is officially only seven months old, but is already shaking things up in the California state capitol as a voice for PV system owners in policy.
Solar loans overtake third-party as dominant residential solar model
While residential solar leases and PPAs peaked in 2016, GTM Research is now predicting that solar loans will represent nearly half the market this year.
Mosaic Solar breaks $1 billion, earns an ‘A-‘
KBRA has assigned Preliminary Ratings to the most recent Mosaic Solar Loan Trust. The aggregate amount is $317 million, with $273 million earning the A- rating.
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.
Mosaic secures $307 million more against its loan portfolio
The company says the $307 million is the largest solar loan securitization issued to date and that this will not be its last.
