SPI 2011: Suniva’s panels chosen for SunCap’s Solar Lease initiative

October 18, 2011
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SunCap Financial has selected Suniva to supply its high-efficiency panels for the SunCap Solar Lease Program, which aims to allow US homeowners a more economically sound option when it comes to the design, installation and financing of a custom solar array for their home. The companies noted that Suniva’s Optimus modules, powered by ARTisun solar cells, would be offered through the lease program and come with a 25-year linear power performance warranty.

SunCap’s program sees the company offer a lease proposal based on the total price of the solar system, available solar incentives and homeowner qualifications. Once a homeowner is approved, an installation partner will design and install the solar array. SunCap’s Solar Lease Program is currently available in Arizona, California, Massachusetts, Maryland, Colorado, New Jersey, New York, Pennsylvania and Texas.

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Pat King, director of channel development for Suniva, commented, “This program will result in more US residents having greater choice when it comes to renewable energy, and represents a big step forward to a cleaner energy future.”

Suniva is exhibiting at Solar Power International in Dallas at booth #1945.

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