Sungevity announces its Sungevity.org initiative has now provided more than $1.5 million to nonprofit organizations through a cause marketing program that rewards nonprofit partners and their members for solar installations. To mark the milestone, Sungevity.org has donated $50,000 to Alameda County Community Food Bank and welcomed the food bank to its partner roster.
Solar3D reports financial results for Q2 2014, which include results for its recently acuired SUNworks division. SUNworks reports Q2 sales of $7.5 million, an increase of over 600% compared to Q1 2014, with operating profits in excess of $762,000.
Andalay Solar announces that it will expand its manufacturing operations to the U.S., to provide Americans the option of American-made integrated AC panels. The company is also partnering with DC Sustainable Energy Utility to provide panels for low-income D.C. communities.
By John Farrell
Originally published on the Institute for Local Self-Reliance
Adding to the saga of PACE financing, John Farrell discusses how PACE began and what California is doing to keep it alive. The financing mechanism has been an important piece of the puzzle for residential solar projects. But Farrell concludes that while California is making a good start, the state needs a larger reserve for PACE.
Levi’s Stadium becomes the first professional football stadium designed around LEED certification, aiming for LEED gold certification. A 375 kW solar system installed by NRG Energy provides necessary renewable energy for the stadium, with the goal of achieving net zero energy use.
Renovate America raises $50 million in growth equity to provide HERO financing to property owners. This boost to California’s already strong HERO program allows additional property owners to take part in the program, which is now in over 165 cities.
At Intersolar North America, experts discuss the state of solar financing and where the industry is headed. Despite real challenges, solar financing has come a long way. And the best may be yet to come.
Superior Lithographics announces that a 400 kW rooftop solar array will be installed on the building it leases. The building owner, Mt. Vernon Investments LLC, is allowing Superior Lithographics to install and own the solar array, with the electric utility qualifying the project for its solar energy rebate program.
PsomasFMG and Constellation announce an agreement to develop up to 50 MW of distributed solar generation projects for California schools and municipalities through the end of 2015. Four solar projects have already been completed or are under construction under the agreement.
Palmdale, California installs three new solar arrays for a total of 976 kW DC. They will purchase the electricity generated by the system at a fixed rate through a 20-year power purchase agreement with Constellation, which financed the project.
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