4000 Homes with Solar Panels & EV Parking To Be Up For Grabs in Maharashtra Soon Updated On Tue, Jan 24th, 2023 by Saurenergy Homeowners have finally begun to recognise the benefits that solar offers. With around 40% subsidy on offer by the Government, residential solar rooftop is easy on the pocket. There is 20% subsidy for group housing societies and RWAs. Additionally, there is payback of as low as four years on investment. This awareness is complemented by […] Read more
In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
Mosaic Surpasses $10 Billion in Loans Funded for Residential Solar, Sustainable Homes in US Updated On Thu, Nov 10th, 2022 by Saurenergy American fintech giant Mosaic has announced that it has surpassed $10 billion in loans funded through its platform. Mosaic is a leading financing platform for U.S. residential solar and energy-efficient home improvements. This double-digit milestone comes just seven weeks after announcing $9 billion in loans funded, showing accelerated growth for the clean energy fintech company. […] Read more
GoodLeap Securitizes $467 Million Residential Solar Loan Updated On Tue, May 24th, 2022 by Saurenergy Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […] Read more
US Residential Solar Financier GoodLeap Raises $800m Updated On Mon, Oct 18th, 2021 by Saurenergy GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […] Read more
US Deploys 910 MWh of Energy Storage with 225% Increase in Q1 Updated On Thu, Jun 10th, 2021 by Saurenergy In a sign that energy storage systems continue to make strong progress in the country, the US marked the biggest Q1 2021 (quarter one) deployments so far for its energy storage market. According to a report from Wood Mackenzie and the U.S. Energy Storage Association (ESA), the US added 910 MWh (megawatt-hours) of new energy […] Read more
Aurora Solar Raises $250 Million to Digitize Solar Installations Updated On Tue, May 25th, 2021 by Saurenergy Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […] Read more
Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects Updated On Mon, Apr 26th, 2021 by Saurenergy Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […] Read more
