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, 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.
Sunlight Financial raises $225M for residential solar loans
The residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.
Sunlight Financial secures $400 million annually for solar loans
Technology Credit Union will commit $400 million annually for residential solar loans, as part of an extension of its partnership with Sunlight Financial.
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.
Goldman Sachs buys $300 million in Mosaic solar loans
The U.S. solar financing provider claims it has originated over $1 billon of loans for homeowners to date.
Spruce sells $250 million in solar and energy efficiency loans
This is the second sale of loan assets for the company, which has experienced significant staff reductions and turnover in its executive positions.
Sunlight Financial secures funding for 20,000 home loans
A $500 million commitment from Technology Credit Union is the latest sign of growth in the residential solar loan space.
Sunlight Financial receives $130 million cash infusion
The provider of residential solar loans joins forces with Route 66 Ventures to grow its product portfolio, improve its operations center and expand its partner network.
