02 Dec '11, 4pm

Clean Power Finance Channels $1 Million Into Solar Every Day via @greentechmedia

Clean Power Finance Channels $1 Million Into Solar Every Day via @greentechmedia

At the end of 2010, Clean Power Finance (CPF) CEO Nat Kreamer and a group of the biggest names in greentech venture capital , including Kleiner Perkins and Google, decided to take the company to the next level. CPF was founded in 2007 as an online tool to connect solar buyers and sellers with financial products and help them design solar systems. By 2010, it had 800 solar businesses, including marquee names like Suntech, BP Solar and Real Good Solar, as customers. Forty percent of all residential and small- and medium-sized commercial solar sold used the CPF software platform. White-label financing in the software package offered solar business customers the ability to make available, under their own brands, the full range of financing options to solar system buyers, from leases and power purchase agreements to loans and tax credits. “The company worked for four years to d...

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

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