Ten K Solar (“Ten K”), a leader in Commercial Rooftop PV Systems, and CleanFund, a leading Property Assessed Clean Energy (PACE) financier for commercial renewable energy and energy efficiency projects in the United States, have announced a PACE Financing partnership that will provide PACE financing to Ten K’s growing pipeline of projects. The agreement accelerates solar adoption of commercial building owners by providing them access to Ten K Solar products with all the benefits and flexibility of PACE financing.
“Ten K’s PV systems are a strong investment due to their reliability and energy density,” said Greg Saunders, CleanFund’s CEO. “Offering our SolarPACETM product to Ten K’s customers is exciting to us and to commercial building owners who will gain access to this highly advanced PV system technology.”
According to Jeff Hohn, CEO of Ten K, “CleanFund’s PACE financing further increases the economic returns for a solar system and simplifies the process for commercial customers to acquire solar.” Adding that, “CleanFund is a premier provider of commercial PACE financing in the U.S. Combined with Ten K’s commercial platform, we can significantly offset utility bills with low-cost solar solutions.”