Equipment Sector News — Solar
Consortium Creates $300 Million Solar Lease Facility
Clean Power Finance, MS Solar Solutions, a subsidiary of Morgan Stanley and Main Street Power, announced the creation of MySolar, a residential solar lease facility that will provide funding for up to $300 million in projects.
Read more...Date Posted May 7, 2012
SunMaxx Solar, Renewable Energy EF Partner on Financing Program
SunMaxx Solar said it has partnered with Renewable Energy Equipment Leasing to offer residential, commercial and municipal financing options for the purchase of thermal hot water systems.
Read more...Date Posted April 20, 2012
Key EF Provides Financing of PV Solar Panels for Rutgers
Key Equipment Finance said that it is financing a solar system installation at Rutgers University, The State University of New Jersey. SunDurance Energy, a national solar provider, is the solar integrator for the project.
Read more...Date Posted March 5, 2012
Prudential Capital, Santander Fund Arizona Solar Project
Prudential Capital said it provided $121 million of long-term senior notes to LS Power for a new solar power generating project in Arizona. The financing is part of an innovative structure developed in partnership with Banco Santander that provided $466 million to support the development of the project.
Read more...Date Posted March 1, 2012
DLL Signs Lease Agreement With Bosch Solar Energy
De Lage Landen said its clean technology group has signed a U.S. master lease agreement with Bosch Solar Energy to fund solar projects developed by Bosch.
Read more...Date Posted February 3, 2012
Wells Fargo, Enfinity Announce $100MM Solar Fund Financing
Wells Fargo and Enfinity America, a solar energy company for commercial, municipal, educational and utility-scale customers, announced a joint program through which Wells Fargo will provide up to $100 million for solar photovoltaic projects developed by Enfinity.
Read more...Date Posted January 26, 2012
Article: The Chinese Solar Machine
Chinese manufacturers have dominated the international market for conventional solar panels by building bigger factories faster. Now they will need to innovate to maintain their lead says the author of an article that appeared in Technology Review.
Read more...Date Posted December 21, 2011
U.S. Solar Energy Industry Sets Record for Installations
According to a report released by GTM Research and the Solar Energy Industries Association, the U.S. solar energy industry achieved a new record for installations and growth in Q3, rising 140% compared to the same quarter last year.
Read more...Date Posted December 15, 2011
Travelers Capital Arranges $7.7MM Solar Project Financing
Travelers Capital said it has successfully structured and arranged a $7.7 million senior secured credit facility for Ameresco Canada’s first solar PV investment in Canada.
Read more...Date Posted November 18, 2011
Wells Fargo EF Provides Financing for Solar PV System in NC
Alternative Energy Retailer magazine reported that National Renewable Energy Corporation has begun the installation of a PV system on a building in Gastonia, NC. The article notes that Wells Fargo Equipment Finance is providing the lease financing for the system.
Read more...Date Posted November 11, 2011
SunCap Financial Selects Suniva Solar Panels for Leasing Program
Solar cell manufacturer Suniva said that SunCap Financial has selected the company to be a product supplier for the SunCap Solar Lease Program.
Read more...Date Posted October 18, 2011
Sungevity, Rabobank Create New Fund for Solar Lease Projects
Solar company Sungevity and Rabobank announced the establishment of a residential solar fund that will support over $50 million of new U.S. residential solar lease projects.
Read more...Date Posted October 17, 2011
Energy Project Finance Expert Joins Green Campus Partners
Green Campus Partners, an energy project developer and financial solutions provider, said Dan Svejnar, formerly managing director at Luminous Power Group has joined the company as senior vice president, project development.
Read more...Date Posted October 11, 2011
Adam Capital to Finance Commercial Solar Hot Water Systems
Adam Capital Clean Energy Asset Finance, a provider of clean energy lending, said it is expanding its financing programs to include commercial-scale solar hot water systems for high-volume hot water users.
Read more...Date Posted September 29, 2011
DLL Finances Solar Transaction for Oceanic Time Warner Cable
De Lage Landen said its Clean Technology Group closed a transaction with Tioga Energy to provide long-term financing of a solar power project for Oceanic Time Warner in Honolulu.
Read more...Date Posted September 19, 2011
Adam Capital Launches Financing Programs for Solar Developers
Adam Capital Clean Energy Asset Finance said it has developed new financing programs that allow solar developers to offer their own internal leasing or financing programs, offer their own credit terms, and develop their own leases.
Read more...Date Posted August 17, 2011
MAGE SOLAR Partners With CIT, Adds Commercial Financing Option
MAGE SOLAR USA announced that, after launching an inventory and residential financing program earlier this spring, it is offering financing for integrators of its commercial projects in partnership with CIT Vendor Finance.
Read more...Date Posted July 11, 2011
U.S. Bancorp EF Finances Labcon Rooftop Solar Power Project
Labcon North America, a manufacturer of earth friendly laboratory disposables, announced the completion of an 800 kW rooftop solar panel system financed by U.S. Bancorp Equipment Finance.
Read more...Date Posted July 11, 2011
SolarCity Raises $14.8 Million of Planned Funding Round
Solar-panel leasing company SolarCity has raised $14.8 million of a planned $42 million funding round. SolarCity leases residential solar panels for a 15-year period, handling all of the maintenance during the life of the lease.
Read more...Date Posted July 5, 2011
CIT Vendor Finance Partners With MAGE SOLAR for PV Financing
MAGE SOLAR USA and CIT Vendor Finance announced their partnership to offer a 100% financing option for commercial end-users of MAGE’s photovoltaics (PV) systems.
Read more...Date Posted June 14, 2011
Mage Solar Launches Solar Financing Program
Mage Solar USA has launched a solar financing program delivered in partnership with Renewable Energy Equipment. The program enables Mage’s business partners to offer their customers 100% project financing for PV systems comprised of Mage’s POWERTEC Plus modules, mounting systems and brand name inverters.
Read more...Date Posted May 19, 2011
U.S. Bancorp Provides $200 million in Solar Financing to SunRun
Rooftop solar-power provider SunRun said U.S. Bancorp has agreed to provide $200 million in financing for new rooftop solar-power systems.
Read more...Date Posted May 19, 2011
PNC EF Provides Zoo Transaction Structuring for Solar Canopy
The Cincinnati Zoo said PNC Bank and PNC Equipment Finance provided transaction structuring assistance for an equity investment and energy financing for the largest publicly accessible urban solar array in the country.
Read more...Date Posted May 10, 2011
Financing Solar Energy Highlighted at PV America Conference
A panel of industry experts discussed financing solar energy at the second PV America conference and expo that attracted more than 3,700 attendees.
Read more...Date Posted April 13, 2011
Solar Financing in U.S. Going Strong – For Now
According to a story posted by VentureBeat, solar financing in the U.S. is going strong for now, but one big question lingers – what will happen in 2012?
Read more...Date Posted March 9, 2011
