Showing results for: domestic solar energy News
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Spruce Launches Energy Service Experts to Expand Residential Service Offering
Spruce Finance Inc., a manager for residential solar and energy efficiency assets and software provider, announced the formation and spin-off of an independent residential servicing company, Energy Service Experts (ESE), to expand its current asset management, operations, and maintenance solutions for third-party residential asset portfolios across the U.S. ESE’s solutions help other ...
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Canadian Solar and Real Goods Solar Announce Supply Agreement
Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ),one of the world's largest solar companies, and Real Goods Solar, one of the largest residential installers in the country, today announced a supply agreement. Under the agreement, Canadian Solar will supply up to 40 MW of high-performance solar modules to Real Goods Solar to power a range of commercial and residential ...
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NREL Reports Examine Economic Trade-offs of Owning versus Leasing a Solar Photovoltaic System
Two new reports from the Energy Department's National Renewable Energy Laboratory (NREL) examine the economic options customers face when deciding how to finance commercial or residential solar energy systems. NREL analysts found that businesses that use low-cost financing to purchase a photovoltaic (PV) system and homeowners who use solar-specific loans can save up to 30 percent compared with ...
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Solar Asset Owner Spruce Finance Lands $50 Million Follow-On Equity Investment from HPS Investment Partners
Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced it has received a $50 million equity investment from its owner HPS Investment Partners, a leading global investment firm with more than $48 billion of assets under management. The follow-on investment demonstrates HPS’ commitment to Spruce and the solar asset ...
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Spruce Finance Acquired by HPS Investment Partners, Names Christian Fong President, CEO and Co-Chairman
Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced today that it has been acquired by HPS Investment Partners, a leading global investment firm with more than $46 billion of assets under management. Spruce will be headquartered in Houston and maintain its executive and M&A offices in San Francisco. Spruce also ...
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Constellation Energy Launches Residential Solar Leasing Program
Constellation Energy (NYSE: CEG) today announced that its retail business is offering a solar panel leasing program to residential customers in Maryland, New Jersey, New York, Massachusetts, Ohio and Pennsylvania. Constellation’s residential leasing makes solar generation a real option for homeowners, with a choice of a little-to-no money down or prepaid ...
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SunPower Launches Solar Energy Monitoring Application for Android-powered Smartphones
SAN JOSE, Calif., Dec. 19, 2011 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), a manufacturer of high efficiency solar cells, solar panels and solar systems, today announced the addition of a new solar energy monitoring application for Android™-powered smartphones to its SunPower Monitoring System portfolio. SunPower Monitoring, which includes mobile device applications and a web-based ...
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New NREL Report Shines Light on Installed Costs and Deployment Barriers for Residential Solar PV with Energy Storage
Researchers from the U.S. Department of Energy (DOE) National Renewable Energy Laboratory (NREL) are making available the most detailed component and system-level cost breakdowns to date for residential photovoltaic (PV) solar systems equipped with energy storage-and quantifying previously unknown soft costs for the first time. The report, titled "Installed Cost Benchmarks and Deployment ...
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Spruce Finance Closes $208 Million Senior Secured Financing of Owned Residential Solar Assets
Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced today the closing of a $208 million senior secured financing of its residential solar assets. The debt financing gives Spruce access to competitively priced capital, further optimizing its capital structure and positioning it to grow in new solar markets. Silicon ...
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Spruce Finance Acquires 27.6 MW of Residential Solar Assets, Expanding Portfolio to More Than 200 MW
Spruce Finance, the largest private owner and operator of distributed generation solar and residential energy assets in the U.S., has completed its second-largest acquisition to date. The purchase of 3,668 rooftop solar assets totaling 27.6 megawatts (MW) from Greenbacker Renewable Energy Co. expands Spruce’s solar portfolio to more than 200 MW, further solidifying the company as a leader ...
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Spruce Finance Acquires 12.1 MW Residential Solar Portfolio
Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced it has acquired a significant portfolio of residential assets. The acquisition reflects Spruce’s growth strategy, which is centered around continued expansion of its operating portfolio and servicing platform. Spruce’s acquisition of the fund, consisting ...
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Blockchain Trial by EDF to Test Trading Solar Energy Among Residential Customers
Residents of a block of flats in Brixton are pioneering a community energy trading project led by EDF Energy that will enable them to trade solar energy with each other. EDF Energy’s Research & Development department has launched Project ‘CommUNITY’ with Repowering London and UCL’s Energy Institute, which aims to increase residents’ consumption of local ...
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European Solar Thermal Technology Platform Commences Work
Solar thermal energy is to play a vital role in the future energy supply Berlin / Brussels - 49 percent of the European energy demand is used for heating and cooling purposes, a large part of which can be produced using solar thermal systems. The group of experts at the European Solar Thermal Technology Platform (ESTTP) are convinced of this. The platform was founded on May 30th in ...
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Amplus Launches the MILES Challenge for Clean Energy Start-Ups in India
Amplus Solar recently announced the launch of the MILES (M+Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Launched in association with GoMassive Earth Network, an angel investor forum focused on sustainability,The MILES Challenge will provide participants mentorship as well as access to resources in the ...
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Hawaiian Regulators Approve Community Solar Plans
The Hawaiian Electric Companies are preparing to open the first phase of the Community-Based Renewable Energy (CBRE) program next week for applications by qualified subscriber organizations that wish to build and operate a community solar facility. As approved for implementation by the Public Utilities Commission (PUC), the program will provide the benefits of solar energy to residential and ...
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Spruce Finance Acquires Clearway Energy’s Portfolio of Residential Solar Assets
Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the U.S., has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest to date and the latest example of the company’s residential solar asset “growth by acquisition” strategy in the U.S. The 53 megawatts (MW) of ...
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Schneider Electric and SolarEdge Partner to Accelerate Residential Solar Market with Smart Home Energy Solution
Schneider Electric this week announced a technological and commercial partnership with SolarEdge Technologies Inc. for North America that it projects will accelerate the residential solar market and provide homeowners with seamless energy management for smart homes of the future. The partnership marries Schneider Electric's expertise in energy distribution and automation solutions with ...
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Spruce Finance Closes $124 Million Residential Solar Financing Package with Vantage Infrastructure and Sequoia Economic Infrastructure Income Fund
Spruce Finance, the largest private owner and operator of distributed generation solar and residential energy assets in the U.S., has closed a $124 million debt financing deal for its portfolio of residential solar power purchase agreements (PPAs) and leases with Vantage Infrastructure and Sequoia Economic Infrastructure Income Fund (SEQI). The funds will provide a significant capital boost to ...
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MyGen U.S.-Made Solar Energy Kits by KYOCERA Offer Expanded Domestically Produced Content
Kyocera Solar, Inc. today announced that MyGen U.S.-Made Kits — domestically produced, all-inclusive kits for residential and light commercial solar energy installations — are available now. The MyGen solar energy kits are ideal for new entrants into the solar market and professionals in the electrical contractor industry interested in expanding into solar ...
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Sunrun Signs Virtual Power Plant Agreement With Southern California Edison
Sunrun, a leading provider of residential solar, battery storage and energy services, recently announced that it has contracted with one of the largest electric utilities in the United States, Southern California Edison (SCE), to increase grid resilience and lower power costs. SCE will send signals to Sunrun during high-demand events such as extreme heat waves when the energy grid is strained. In ...
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