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.
SunPower has teamed up with AT&T, one of the US’ biggest multinational telecommunications corporations, to bring Internet of Things (IoT) technology to the residential market via the ‘Equinox’ solar PV system.
New York City utility Con Edison and solar company SunPower have announced a collaboration that will see SunPower offer its solar energy systems to homeowners.
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.
Australia’s residential solar market could be in a state of permanent decline given that market penetration is already very high and the county’s Feed-in-Tariff (FiT) subsidy may come to an end this year, according to the latest analysis from Australia-based solar consultancy SunWiz.
Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.
Leading module supply firm Hanwha Q CELLS is to almost triple its supply agreement with Sunrun, becoming one of the developer’s main suppliers in 2016.