The Solar Foundation and 20 solar companies and organizations have joined forces with the Clinton Foundation, Operation Blessing and others to help bring power and clean water to Puerto Rico and the Virgin Islands.
After providing Canadian rooftop solar specialist Potentia Renewables with $83 million in May, Canada’s second-largest public pension fund has now agreed to finance U.S. solar installer Sunrun with $40 million.
The exclusive deal with one of the nation’s largest cable and internet providers is part of an increasing innovation in customer acquisition among residential solar providers.
While other large distributed solar companies are pulling back from the third party model and the U.S. residential market contracts, Sunrun is continuing to grow.
After years of steady, relentless growth, the U.S. residential solar market is struggling with challenges on both the policy and customer acquisition fronts. And as the market diversifies away from California and the Northeast, the future is far from clear.
The last time the government watchdog group made solar news, they asked the Oregon attorney general to investigate what they called ‘deceptive sales practices’ in the state. Now they’re asking the Federal Trade Commission to do the same nationwide.
On Friday, Massachusetts Gov. Charlie Baker announced the state will reach its goal by New Year’s Day 2020, with the help of a prior $10 million commitment to support the state’s storage companies and develop policy options to encourage energy storage deployment.
The pending closure of the company’s office in Charleston is the latest sign of a changing approach to residential solar from the market leader.
With the third party solar company’s arrival, the big three residential installers have all lined up for a share of the state’s market.
Since 2012, the company has raised nearly $2 billion to support its business model of funding projects off its balance sheet.
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