REC Solar completes a 102 kW array for the Hampton Inn in Bakersfield, California. The carport installation, complete with EV charging stations, is expected to save the hotel as much as $8,800 per month.
Cenergy Power and Greenleaf-TNX team up to commission a 1.8 MW solar farm in Cloverdale, California. The project is located on a landfill in Sonoma County, and will operate under a power purchase agreement with the utility PG&E.
Bland Solar & Air and APS announce a partnership in California's Central Valley, a hot spot for solar power. Bland Solar will introduce APS to customers in the area and primarily sell the APS product as their “go to” microinverter.
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.
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