Solar Mosaic, a former crowdfunding start-up that has emerged as a major provider of residential solar financing solutions, said on Wednesday that it had secured US$200 million in funding that will support at least 5,000 rooftop PV installations.
Despite claims by the company and automatic acceptance by the mainstream media, SunEdison’s position as the ‘world's largest renewable energy developer’ almost came to fruition in 2015.
The US Department of Energy SunShot Initiative has launched the Orange Button programme that will establish unified datasets in an effort to reduce financing costs.
The Hawaii Public Utilities Commission are investigating the state’s largest utility, Hawiian Electric Co’s decision to cancel project contracts with embattled renewable energy company, SunEdison.
BayWa r.e.is set to offer a new finance product for its US-based solar distribution customers, in which consumer financing from Spruce Finance will provide contractors and homeowners with a simple and affordable PV loan process.
US residential and commercial PV provider SolarCity has raised US$131 million through a new tax equity fund in order to finance residential, commercial and military solar projects.
US-based residential solar firm Sunnova Energy has secured US$300 million from private equity firm Energy Capital Partners (ECP) to continue its growth in the residential solar sector.
