Pathfinder Clean Energy (PACE) has created a new solar development and project acquisition business, PACE Poland, targeting an initial 100MWp in the country.
Solar module technology provider Solaria and CleanFund Commercial PACE Capital – the leading Commercial Property Assessed Clean Energy (C-PACE) financier – have announced a partnership on building-integrated solar (BIPV) known as SolarPACE.
CleanFund provides US$10 million in PACE financing for a 5MW Cali project, India's Hero Future Energies commissions a 1MW rooftop solar project in Delhi and GameChange Solar deploys ground mount systems in Massachusetts landfills.
US-based residential PV provider Vivint Solar and financing firm Renovate America are partnering on a scheme to help US homeowners get access to rooftop solar.
The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.
The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.