Solar energy in the United States

Source Power Ready to Assist Low-Income Residents as New York State Announces $52.5 Million for Solar Projects Serving Disadvantaged Communities

Retrieved on: 
Wednesday, August 4, 2021

The $52.5 million in funding is available through the Inclusive Community Solar Adder program, which aims to serve 50,000 households, including affordable housing providers and organizations working with disadvantaged communities.

Key Points: 
  • The $52.5 million in funding is available through the Inclusive Community Solar Adder program, which aims to serve 50,000 households, including affordable housing providers and organizations working with disadvantaged communities.
  • "We are extremely pleased to learn about New York State's push to bring community solar projects to disadvantaged communities who would most benefit from these energy incentives," said Vincent Palmieri, Chief Operating Officer at Source Power.
  • We believe strongly in the democratization of the benefits of community solar and that Source Power can make a real impact in helping these communities.
  • Source Power Company is a regulated Energy Service Company and Distributed Energy Resource Supplier in New York State.

Home Run Financing (Previously PACE Funding Group) Launches New State-Of-The-Art Contractor Portal

Retrieved on: 
Tuesday, August 3, 2021

LOS GATOS, Calif., Aug. 3, 2021 /PRNewswire/ --Home Run Financing (previously PACE Funding Group, LLC) announced today that it has launched its new state-of-the-art contractor portal, enabling more contractors to provide in-home, one-stop home-improvement financing for their customers.

Key Points: 
  • LOS GATOS, Calif., Aug. 3, 2021 /PRNewswire/ --Home Run Financing (previously PACE Funding Group, LLC) announced today that it has launched its new state-of-the-art contractor portal, enabling more contractors to provide in-home, one-stop home-improvement financing for their customers.
  • Contractors can now offer Property Assessed Clean Energy (PACE) funding and an unsecured personal loan product, Home Run Loans, on one integrated technology platform.
  • "Home Run Financing is the only financing provider in the residential sector offering both PACE and unsecured loans to homeowners," saidRobert Giles, CEO of Home Run Financing, adding "our financing options combined with the new advanced contractor portal make us a one-stop financing shop for contractors and homeowners."
  • In-home sales reps can now run project estimation calculations for both PACE Funding and Home Run Loans funding options side by side, allowing the homeowner to compare.

Stonehill on Track to Deploy $1.25 Billion in 2021

Retrieved on: 
Monday, August 2, 2021

The company expects to deploy approximately $1.25 billion during 2021, increasing 74% from 2020.

Key Points: 
  • The company expects to deploy approximately $1.25 billion during 2021, increasing 74% from 2020.
  • The company also has an affiliate, Stonehill PACE, that offers commercial property assessed clean energy (CPACE) financing.
  • Since its founding in 2013, Stonehill originated more than $3.5 billion in loans for hospitality projects seeking capital to complete acquisitions, recapitalizations, refinancing and renovations.
  • Stonehill PACE, a division of Stonehill, is a direct lender for Property Assessed Clean Energy (PACE) financing.

Standard Solar Acquires 35 Megawatt Solar Project Portfolio in Maine

Retrieved on: 
Tuesday, July 27, 2021

Standard Solar, Inc. , a nationally recognized leader in the development, funding, ownership and operation of commercial and community solar assets, today announced it has acquired 35 megawatts (MW) of NEB solar projects in Maine.

Key Points: 
  • Standard Solar, Inc. , a nationally recognized leader in the development, funding, ownership and operation of commercial and community solar assets, today announced it has acquired 35 megawatts (MW) of NEB solar projects in Maine.
  • Standard Solar is funding the projects and will be the long-term owner and operator.
  • Maines NEB program allows customers to benefit from clean energy savings by offsetting their electricity bills from renewable energy projects like community solar.
  • Standard Solar is powering the nations energy transformation channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities.

Greenworks Lending from Nuveen Appoints Kate Cusack as Vice President of Originations

Retrieved on: 
Tuesday, July 27, 2021

DARIEN, Conn., July 27, 2021 /PRNewswire/ -- Greenworks Lending, the nation's leading C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects, announced today that it has appointed Kate Cusack as Vice President of Originations.

Key Points: 
  • DARIEN, Conn., July 27, 2021 /PRNewswire/ -- Greenworks Lending, the nation's leading C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects, announced today that it has appointed Kate Cusack as Vice President of Originations.
  • In her new role as Vice President of Originations, Cusack will be helping deal teams sustain and improve originations process efficiency and scale originations efforts to support the company's massive expansion.
  • "Kate is an adept deal navigator with deep expertise in structured commercial real estate financing transactions," said Andrew Zech, Head of C-PACE Originations at Greenworks Lending from Nuveen.
  • Greenworks Lending, a Nuveen affiliate, is the largest provider of Commercial Property Assessed Clean Energy (C-PACE) financing in the country.

Last Chance to Register for SOLAR 2021: Empowering a Sustainable Future

Retrieved on: 
Thursday, July 22, 2021

BOULDER, Colo., July 22, 2021 /PRNewswire/ -- Join the American Solar Energy Society (ASES) at SOLAR 2021: Empowering a Sustainable Future, the 50th Annual National Solar Conference , at the University of Colorado Boulder and online on a hybrid platform.

Key Points: 
  • BOULDER, Colo., July 22, 2021 /PRNewswire/ -- Join the American Solar Energy Society (ASES) at SOLAR 2021: Empowering a Sustainable Future, the 50th Annual National Solar Conference , at the University of Colorado Boulder and online on a hybrid platform.
  • Register online and use promo code POWER21 for 10% off your entire registration by August 1.
  • ASES is also highlighting Women in Solar Energy (WISE) at SOLAR 2021's WISE Forum on August 4.
  • The most recent version of the conference schedule and additional information about SOLAR 2021 can be found at ases.org/conference .

SunShare Invests $100,000 in Local Colorado Businesses & Charitable Organizations

Retrieved on: 
Wednesday, July 21, 2021

DENVER, July 21, 2021 /PRNewswire/ -- Today SunShare, the nation's oldest and largest residential community solar provider, announced that it purchased more than $100,000 in gift cards to local Colorado retailers as part of a subscriber promotion that offers participants gift cards to local businesses or charitable organizations.

Key Points: 
  • DENVER, July 21, 2021 /PRNewswire/ -- Today SunShare, the nation's oldest and largest residential community solar provider, announced that it purchased more than $100,000 in gift cards to local Colorado retailers as part of a subscriber promotion that offers participants gift cards to local businesses or charitable organizations.
  • The program began as an effort to support other local Colorado small businesses during the pandemic and reward new subscribers with further incentives to choose solar energy from the state's community solar gardens.
  • SunShare celebrated its 10th anniversary earlier this year, on the heels of Colorado celebrating the 10-year anniversary of the nation's first community solar legislation.
  • SunShare is offering gift cards to local businesses for subscribers who enroll by September 15 ahead of finishing construction on their next 5MW community solar garden.

SunSmart Ames Earns Top Project of the Year Award from Environment + Energy Leader

Retrieved on: 
Tuesday, July 20, 2021

The City of Ames set out to develop SunSmart Ames , the City's first community solar farm, to drive renewable energy adoption and demonstrate its commitment to sustainability within the Ames community.

Key Points: 
  • The City of Ames set out to develop SunSmart Ames , the City's first community solar farm, to drive renewable energy adoption and demonstrate its commitment to sustainability within the Ames community.
  • Ames City Council selected ForeFront Power to develop SunSmart Ames, representing over 2 MW of solar energy dedicated to the local Ames community.
  • For nearly a decade, the Environment + Energy Leader Awards have celebrated excellence in the world of environmental, sustainability and energy management.
  • Project of the Year Award winners are known to illustrate how sustainability and energy management projects can successfully help other companies improve the bottom line.

Tuckahoe Housing Authority Partners with UGE to Lower Energy Bills for Residents with Rooftop Community Solar System

Retrieved on: 
Tuesday, July 20, 2021

Tuckahoe, New York--(Newsfile Corp. - July 20, 2021) - UGE International Ltd. (TSXV: UGE), a leader in commercial and community solar energy solutions, today debuted its new rooftop community solar project at Tuckahoe Housing Authority.

Key Points: 
  • Tuckahoe, New York--(Newsfile Corp. - July 20, 2021) - UGE International Ltd. (TSXV: UGE), a leader in commercial and community solar energy solutions, today debuted its new rooftop community solar project at Tuckahoe Housing Authority.
  • Tuckahoe Housing Authority will receive annual lease payments for hosting the solar project atop its properties, which are home to more than 300 residents.
  • With the community solar project in place, the housing authority will also see savings reflected in its utility bills.
  • The Tuckahoe Housing Authority solar project is one of a growing number of UGE's community solar projects in the region.

PACE Loan Group Hires Kris Jones as Vice President, Originations to Continue Expansion

Retrieved on: 
Monday, July 19, 2021

MINNEAPOLIS, July 19, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Kris Jones as a Vice President, Originations, effective July 19, 2021.

Key Points: 
  • MINNEAPOLIS, July 19, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Kris Jones as a Vice President, Originations, effective July 19, 2021.
  • PACE Loan Group hires 18-year CRE veteran Kris Jones as part of strategic nationwide C-PACE staff rollout.
  • Jones has over 18 years of commercial and multifamily real estate experience.Prior to joining PLG, Jones was a Senior Director at Ten-X, and a Vice President of Real Estate at RealCrowd.
  • "I am excited to be joining PACE Loan Group to help them expand their C-PACE loan portfolio throughout the Western U.S.