Vivint Solar to use LG’s RESU residential energy storage system
The nation’s third-largest residential solar company is rolling out the batteries first in California, with plans to offer them nationwide by the end of 2018.
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.
Mercedes-Benz to bring batteries to the United States
The German manufacturer, in partnership with the No. 2 residential solar installer Vivint Solar, will bring customizable home energy storage systems to the United States.
Sunnova uses portfolio to secure $615 million in funding
With the help of Credit Suisse, the residential solar company’s lease/PPA portfolio allowed it to close one of the largest funding rounds in the asset-backed securities market.
BREAKING: Court approves Sungevity sale to Northern Pacific
A Delaware bankruptcy court judge yesterday approved the $50 million sale of the residential solar installer to private equity firm Northern Pacific Group.
Vivint Solar installations decline in Q4
While the residential solar company has greatly improved its access to capital, its volume installed fell 21% year-over-year.
Vivint Solar reaches 100,000 customers
The residential solar installer has been getting back on its feet after the failed buy-out by SunEdison, including new offerings and expansion into new states.
Borrego Solar claims 76% growth in 2016
The company says its leadership in New York and Massachusetts provided the biggest boost to the installer’s bottom line.
Vivint Solar secures $303 million in fresh financing
Vivint Solar has started 2017 on a high, with the closing of $303 million in new financing from a total of five different investors, which will allow the company to repay existing borrowing and install a number of new residential systems.
Vivint Solar shows improved profitability but flat growth in Q3
The residential solar installer is still struggling following SunEdison’s failed acquisition, but reported record low prices and improved results.
