28 Sep '11, 3pm

Clean Power Finance, Now a PPA Firm, Gets a $75M Fund From Google

Clean Power Finance, Now a PPA Firm, Gets a $75M Fund From Google

richardmasoner creative commons flickr A few months ago we broke the news that Clean Power Finance was becoming a residential PPA provider. The firm just received a $75 million fund from Google to pursue that goal and finance residential solar projects. Google has invested more than $850 million in renewable energy and comes fresh off of creating a $280 million fund to finance residential solar projects with SolarCity in June of this year. That fund is SolarCity’s largest project financing fund and the largest residential solar fund created in the U.S. Kleiner Perkins and Google Ventures made a significant investment in solar SaaS firm Clean Power Finance (CPF) late last year and just recently provided $25 million for the firm. Until that time, CPF's business was providing a standardized software tool that lets solar panel installers speed up the sales proposal, rebate, an...

Full article: http://www.greentechmedia.com/articles/read/Clean-Power-F...

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