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PACE Funding Group Expands its Availability in San Diego County

The City of San Diego, Escondido and Oceanside have adopted and approved PACEfunding’s low interest rate solution for homeowners seeking to install energy and resource saving home improvement upgrades. Residents of these cities may now submit applications for PACEfunding financing. San Diego County and several other cities within the county had approved PACEfunding previously. “We […]

Sunvalley Solar Inc. Completed the Acquisition of Rayco Energy Inc.

Sunvalley Solar, Inc. , a leading solar power technology and solar system integration company, announced recetly the completion of its acquisition of Rayco Energy Inc. Rayco Energy, an established northern California company, specializes in providing cost-saving and efficient energy solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. Rayco Energy […]

Soltec To Supply Its SF Utility Single-Axis Solar Tracker For A 150 MW Project In The US

Soltec, a leading manufacturer of highly innovative single-axis trackers, will supply 150 MW’s of its SF Utility Single-Axis Tracker in the United States. For this project Soltec has successfully designed and delivered product innovations adapting to extreme local climate conditions. With this project and others in the Americas, Soltec has attained annual sales of 1 […]

Spruce and Investec Close $120MM in Financing for U.S. Residential Solar Systems

Spruce Finance Inc. (“Spruce”), a provider of consumer financing for residential solar and home efficiency improvements in the U.S., has closed a $120MM syndicated credit facility that will support the growth of its solar lease and power purchase agreement (PPA) business. The facility, arranged by Investec, is Spruce’s first syndicated back-leveraged facility. “Our residential solar […]

PJM Capacity Auction Continues To Attract New Resources At Competitive Prices

Results of PJM Interconnection’s second auction with stringent pay-for-performance standards attracted a significant amount of new resources at competitive prices to the PJM footprint. In addition, the auction for power-supply resources attracted continued strong participation from renewable resources and demand response. PJM procured 167,306 megawatts in the recent auction to ensure electricity capacity for the June 1, 2019-May 31, 2020, […]