solar finance
Residential solar installer Palmetto closes $420 million asset backed securitization
The transaction is backed by over 22,000 residential solar leases and power purchase agreements and marks the second major ABS deal in 2025 for Palmetto. Residential solar, battery energy storage and heat pump provider Palmetto announced it has closed its second major asset-backed securitization of 2025. The $420 million transaction is backed by a pool […]
Solar and battery developer Soltage closes $525 million investment
The independent power producer specializing in development, financing and operation of distributed utility-scale solar and energy storage assets closed a tax credit investment agreement. Soltage, an independent power producer operating in the distributed utility-scale solar and battery energy storage market, closed a $525 million tax credit investment agreement. The company specializes in development, financing and […]
Credit unions and community banks offer path to residential solar industry success
Financing has become the “last mile” of solar adoption, highlighting an issue with reliable and transparent loan programs, but credit unions can offer a path ahead, said Bill Paulen, chief executive officer, LoanTerra. The U.S. solar industry is facing serious struggles after a decade of strong, sustained growth. Compared other rooftop solar-rich nations like Australia, […]