The residential solar financing model, in which consumers pay a monthly fee and little money up front, gets a capital boost from US Bancorp.
It's no longer just the greenies who invest in solar. People are attracted by stable electricity prices they get by financing solar panel installations, says SunRun.
Will creative financing bring solar to the masses? SunRun gets $18 million to pursue a model in which consumers pay a monthly fee for solar panels instead of a huge up-front cost.
Start-up, which helps finance residential solar installation, says decreasing the cost is key in spreading solar power beyond the niche audience of "deep green" homeowners.
In a bad economic environment, start-up SunRun gets $105 million commitment from U.S. Bank to bankroll another 2,000 solar installations paid through leases.
Utility PG&E creates fund to let SunRun offer financing for installation of rooftop photovoltaic panels, a model that cuts the hefty upfront cost.
Home improvement retailer invests in Sungevity and will offer its solar panel quote service in store displays later this year.
A study of 10 years of data shows that falling solar PV panel prices and more competition among installers are resulting in lower prices, with dramatic price drops in 2010.
The start-up, which cracked into residential solar with a 24-hour quote based on satellite images, gets $15 million to expand nationwide.
Vivint Solar secures $75 million in funding to launch solar panel installation to complement its home security and home automation services.