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Posts tagged Arizona
Solar Power Surge Prompts TEP to Seek Changes to SunShare Rebate Program
Jul 19th
TUCSON, Ariz., Jul 14, 2010 (BUSINESS WIRE) — A surge in the popularity of solar energy systems has prompted Tucson Electric Power (TEP) to propose new, lower subsidies for residential customers who install photovoltaic (PV) arrays.
Nearly 1,100 local homeowners have reserved TEP SunShare rebates for PV systems this year, exceeding the total number of residential solar power systems completed over the previous nine years combined. Local businesses also have rushed to invest in solar power systems, draining the funds designated for up-front commercial incentives in 2010.
In response to this unprecedented demand, TEP has asked the Arizona Corporation Commission (ACC) to More >
Adam Capital (Clean Energy Asset Finance), Solar Solutions Close $500k Renewable Energy Loan Agreement
Apr 30th
April 29, 2010
Adam Capital offers collateralized loans between $250,000 and $3 million to commercial scale renewable energy developers of Solar, solar Thermal, Wind, Waste to Energy, and Biofules. SONOMA, Calif.,
Adam Capital Clean Energy Asset Finance, the leading collateral-based lender serving distributive commercial renewable energy developers, today announced the closing of a $500,000 loan with Arizona-based Solar Solutions. Solar Solutions plans to use the loan to install approximately 100 kW of residential solar systems in the Phoenix area.
“The agreement with Solar Solutions is a prime example of Adam Capital’s unique lending model of securing a renewable energy loan primarily by More >