Centrosolar America Offers Leasing Program for Homeowners

Centrosolar America, the U.S. subsidiary of Munich, Germany-based CENTROSOLAR Group AG, has launched the new CentroLease residential leasing program, which was developed in collaboration with renewable energy finance firm BrightGrid.

Available first to installers in select states - including Arizona, California and New Jersey - CentroLease is a leasing program designed to support the installation of Centrosolar's proprietary "solar in a box" system - the CentroPack.

With solar representing a major investment for most homeowners, leasing options have traditionally been available only through private financing or from installing firms that are product-agnostic, Centrosolar notes. With the CentroLease program, homeowners now have an original equipment manufacturer leasing option backed by a global solar manufacturer.

SOURCE: Centrosolar America 

Solar City, Citi Launch New Fund for Residential PV Projects

Live in the USA and thinking of going solar this year -- but don't have all the money needed to put in the system you want?   Read closely.


SolarCity, a national provider of solar power system design, financing, installation, monitoring and related services, and financial services company Citi have launched a new fund to finance $40 million in residential solar projects this year.

This is the first collaboration between SolarCity and Citi, and Citi's first investment in residential solar power, the companies note. SolarCity will use the new fund to provide SolarLease options to homeowners who install solar panels on their homes.

SOURCE: SolarCity