Solar energy in the United States

JinkoSolar Joins Board of Directors at SEIA

Wednesday, November 13, 2019 - 11:00am

Recognized for its high-quality products, JinkoSolar has sold more solar modules globally than any other company since 2016.

Key Points: 
  • Recognized for its high-quality products, JinkoSolar has sold more solar modules globally than any other company since 2016.
  • In 2018, JinkoSolar established its first factory in the U.S. by opening a module assembly facility in Jacksonville, Florida, where it employs more than 200 Americans.
  • "On behalf of JinkoSolar, I am honored to join the board of directors at SEIA," said Mr. Nigel Cockroft, general manager of JinkoSolar (U.S.) Inc. "SEIA plays a pivotal role in shaping U.S. solar policy and advocating for cost-competitive solar power in America.
  • Adding JinkoSolar to our board of directors will enhance our ability to advocate on behalf of the U.S. solar industry and build a sustainable solar energy future for all Americans."

CounterpointeSRE Closes $3.7 Million C-PACE Financing for Expansion and Updates to Victoria Nursing and Rehab Center in Miami, Florida

Tuesday, November 12, 2019 - 12:00pm

The later effort complies with Florida's state law mandating backup power sources in nursing homes and assisted living facilities signed into law in 2018 by Gov.

Key Points: 
  • The later effort complies with Florida's state law mandating backup power sources in nursing homes and assisted living facilities signed into law in 2018 by Gov.
  • The Victoria Nursing and Rehabilitation Center is an 8-floor skilled nursing facility that is expanding to provide 48 new beds in an upgraded and more efficient building.
  • Mike Moran, Executive Director of the Florida PACE Funding Agency, who advised on the project, advocates for widespread commercial use of PACE financing.
  • Counterpointe Sustainable Real Estate (CounterpointeSRE) is a leading commercial real estate finance provider specializing in sustainable infrastructure improvements through PACE financing.

Nautilus Solar Energy Acquires 17.2 MW Community Solar Portfolio From Borrego Solar

Thursday, November 7, 2019 - 1:29pm

SUMMIT, N.J., Nov. 7, 2019 /PRNewswire/ -- Nautilus Solar Energy, LLC ("Nautilus"), a leading national owner/operator of community solar projects, announced the acquisition of a 17.2 megawatt (MW) community solar portfolio from Borrego Solar Systems, the largest privately owned developer, designer, installer and O&M provider of commercial and utility-scale solar and energy storage projects.

Key Points: 
  • SUMMIT, N.J., Nov. 7, 2019 /PRNewswire/ -- Nautilus Solar Energy, LLC ("Nautilus"), a leading national owner/operator of community solar projects, announced the acquisition of a 17.2 megawatt (MW) community solar portfolio from Borrego Solar Systems, the largest privately owned developer, designer, installer and O&M provider of commercial and utility-scale solar and energy storage projects.
  • In addition to developing the portfolio, Borrego Solar will design, engineer, construct as well as maintain the systems.
  • Comprised of three solar projects in Monroe and Saratoga counties, the portfolio will produce enough safe, pollution-free, energy to power 1,500 homes.
  • Founded in 2006, Nautilus Solar Energy, LLC, is a leading national long-term owner/operator of community and distributed generation solar projects.

Ygrene Releases National Report on the Resiliency, Environmental, and Economic Benefits of PACE Financing

Thursday, October 31, 2019 - 2:00pm

PETALUMA, Calif., Oct. 31, 2019 /PRNewswire/ --Ygrene Energy Fund, a national leader in energy efficiency and resiliency financing, today released A PACE Enabled World , a report demonstrating how Property Assessed Clean Energy (PACE) financing has become an essential public policy that is generating significant resiliency, economic, and environmental benefits for communities.

Key Points: 
  • PETALUMA, Calif., Oct. 31, 2019 /PRNewswire/ --Ygrene Energy Fund, a national leader in energy efficiency and resiliency financing, today released A PACE Enabled World , a report demonstrating how Property Assessed Clean Energy (PACE) financing has become an essential public policy that is generating significant resiliency, economic, and environmental benefits for communities.
  • By unlocking the potential of PACE, we can harness its power to help homeowners and businesses take advantage of its tremendous benefits."
  • "The industry also has some of the strongest consumer protections in the home improvement financing market and Ygrene is the gold standard."
  • "Without policies and financing models like PACE, the ability to ensure economic and environmental prosperity for generations to come will be significantly hindered."

Frederick Indoor Sports Center: Leading the Way in Local Clean Energy Solutions

Monday, October 28, 2019 - 12:00pm

Commercial property assessed clean energy (C-PACE) financing is available to commercial property owners to invest in energy efficiency improvements in their property and the installation of renewable energy generation.

Key Points: 
  • Commercial property assessed clean energy (C-PACE) financing is available to commercial property owners to invest in energy efficiency improvements in their property and the installation of renewable energy generation.
  • The Frederick Indoor Sports Center is the 26th C-PACE project in Maryland and the second largest C-PACE project in the MD-PACE program to date.
  • The Frederick Indoor Sports Center C-PACE project was locally driven from the outset.
  • The MD-PACE program is sponsored by the Maryland Clean Energy Center (MCEC), a corporate instrumentality of the state of Maryland which advances the adoption of clean energy, energy efficiency products, services and technologies.

New C-PACE Alliance Publications Provide Guide to Combining C-PACE With Other Financing Tools

Thursday, October 24, 2019 - 8:18pm

WASHINGTON, Oct. 24, 2019 /PRNewswire/ --C-PACE Alliance announced today two new publications on combining Commercial Property Assessed Clean Energy (C-PACE) financing with other financing products.

Key Points: 
  • WASHINGTON, Oct. 24, 2019 /PRNewswire/ --C-PACE Alliance announced today two new publications on combining Commercial Property Assessed Clean Energy (C-PACE) financing with other financing products.
  • C-PACE is an alternative financing mechanism for property upgrades that improve energy efficiency, utilize renewable energy, conserve water and more.
  • The Mortgage Lender's Guide to C-PACE: Lender Consent describes why a senior lender can find it advantageous to consent to C-PACE financing.
  • To date, hundreds of lenders have consented to C-PACE financing in 2,000+ projects exceeding $1 billion in financing.

Petros PACE Finance Hires Industry Veteran Andy Meyer as Senior Vice President to Drive Expansion

Tuesday, October 22, 2019 - 4:01pm

AUSTIN, Texas, Oct. 22, 2019 /PRNewswire/ --Petros PACE Finance, LLC ( www.petros-pace.com ), the leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of C-PACE industry veteran Andy Meyer as Senior Vice President.

Key Points: 
  • AUSTIN, Texas, Oct. 22, 2019 /PRNewswire/ --Petros PACE Finance, LLC ( www.petros-pace.com ), the leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of C-PACE industry veteran Andy Meyer as Senior Vice President.
  • "Andy will be a game-changing addition to the team at Petros as we continue to grow," said Mansoor Ghori, CEO at Petros PACE Finance.
  • Andy joins Petros from Twain Financial Partners, where he served as Director of PACE Financing and Associate General Counsel.
  • "I've enjoyed working with the Petros PACE Finance team in the past and am thrilled to lead its next phase of expansion," said Meyer.

Standard Solar Celebrates Completion of First Community Solar Project in New York

Tuesday, October 22, 2019 - 6:30pm

Standard Solar, Inc. , a leading solar energy company specializing in the development and financing of solar electric systems nationwide, today marked the completion of its first community solar project in New York (NY).

Key Points: 
  • Standard Solar, Inc. , a leading solar energy company specializing in the development and financing of solar electric systems nationwide, today marked the completion of its first community solar project in New York (NY).
  • The project was developed by U.S. Light Energy , a leading New York solar energy company, and subscribed by Common Energy.
  • As a participant in New York States Community Solar Program, the project will provide homeowners, renters, and businesses with the benefits of solar energy without the cost of equipment, installation and maintenance.
  • Standard Solar, Inc. is a leading solar energy company specializing in the development and financing of solar electric systems nationwide.

Sunworks to Announce Third Quarter 2019 Results and Hold Conference Call on October 31st  

Thursday, October 17, 2019 - 9:05pm

Management will host a conference call to discuss these results on the same day at 11 a.m.

Key Points: 
  • Management will host a conference call to discuss these results on the same day at 11 a.m.
  • The conference call will also be broadcast live over the Internet, which can be accessed via the Investor Relations section of Sunworks' web site at http://ir.sunworksusa.com.
  • Sunworks diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline, and professionalism to their interaction with customers.
  • Sunworks is a member of the Solar Energy Industries Association (SEIA) and is a proud advocate for the advancement of solar power.

CleanFund provides $36 Million to downtown San Francisco acute care hospital, signaling increased demand for large C-PACE transactions

Wednesday, October 16, 2019 - 11:12am

SAN FRANCISCO, Oct. 16, 2019 /PRNewswire/ -- Today, CleanFund Commercial PACE Capital, Inc. (" CleanFund ") announced funding $36 million in Commercial Property Assessed Clean Energy ("C-PACE") for seismic and other improvements to Chinese Hospital, the key acute care facility serving San Francisco's Chinatown district.

Key Points: 
  • SAN FRANCISCO, Oct. 16, 2019 /PRNewswire/ -- Today, CleanFund Commercial PACE Capital, Inc. (" CleanFund ") announced funding $36 million in Commercial Property Assessed Clean Energy ("C-PACE") for seismic and other improvements to Chinese Hospital, the key acute care facility serving San Francisco's Chinatown district.
  • Chinese Hospital is a 148,000 SF, 88-bed hospital with a large footprint on Jackson Street.
  • CleanFund continues its leadership funding large C-PACE transactions by using its significant structuring expertise for large and multi-source capital stacks to close on ever-larger sums of C-PACE project capital.
  • We are excited to see larger C-PACE transactions as more borrowers realize the far-reaching benefits of C-PACE," adds Lain Gutierrez, CEO of CleanFund.