Google is having a big week on the renewable energy front and, in related news, lease financing for new solar installations is rolling along. The Internet giant with tentacles into so many things green and innovative followed its Earth Day announcement of a massive wind energy buy in Iowa with word on Wednesday that it… Keep reading →
These days, a $40 million dollar equity financing deal might not seem groundbreaking in America’s power markets. But for the keen analyst of distributed solar energy, that same investment may just herald a shift toward the future of project financing. Count our team among the latter after John Hancock Life Insurance announced it would partner… Keep reading →
The concept of grid parity is the following: the point at which the cost of producing electricity from an energy source is less than or equal to the price of purchasing power from the grid. In theory, when solar energy reaches grid parity it will be cost-competitive with conventional fuels, making it viable for widespread… Keep reading →
The U.S. solar industry celebrates its 40th anniversary this Friday, and there is a lot to celebrate. Costs are at an all-time low, and solar is now competitive with traditional electricity generation sources in over half of the world’s markets. We are transitioning from the hobbyist phase of Solar 1.0 into the true commercialization phase… Keep reading →
The burgeoning US market for leased residential solar systems got some extra help on Thursday with the launch of a new fund to increase financing options for solar installers and their customers.
The fund, named MySolar, was created by Clean Power Finance, an online marketplace for solar financing; MS Solar Solutions Corp, a unit of the investment bank Morgan Stanley, and Main Street Power Company, a developer of solar systems and provider of power-purchase agreements. Keep reading →
