08 Apr '13, 2pm

What You Can Learn from Clean Power Finance's $37M Round

San Francisco-based Clean Power Finance develops sales software and licenses it to installers. It also offers leases and power purchase agreements that installers can market to homeowners who sign long-term contracts to get solar electricity. The leases are funded by banks, solar equipment manufacturers and other investors, and Clean Power Finance is managing leases financed by investors such as Morgan Stanley and Google. There are two takeaways with this announcement. One is that traditional energy companies are taking a greater interest in the solar service sector. Edison owns utility Southern California Edison, which does business in a state that runs a large residential rebate program. California is also setting policies that favor smaller solar energy projects including those built to sell power to utilities, which won't require expensive transmission lines and are cl...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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What You Can Learn from Clean Power Finance's $...

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