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PGE and SunRun Create $100M Home Solar Financing Fund

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a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. SunRun offers home solar power without high upfront costs through power purchase agreements (PPAs) and solar leases.

Financing 170
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CODA reaches preliminary agreement with Essex Credit Corporation to finance CODA EVs

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CODA Automotive and Essex Credit Corporation, a subsidiary of Bank of the West, have reached a preliminary agreement to provide financing for customers of the 2011 CODA Sedan.

Financing 170
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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

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million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). The second step models the proportion of consumers within the addressable market that might actually purchase such a vehicle. —Glen Walker, lead transportation analyst at Bloomberg New Energy Finance.

Financing 283
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Experian: US hybrid vehicle market share grew by 41% in 2012 to 3.1%

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since 2011, going from 2.2% in 2011 to 3.1% The study found that overall, consumers purchasing a hybrid have significantly higher credit scores than those purchasing another type of new vehicle. The study also showed that the average amount financed on a hybrid vehicle was $25,807 and the average monthly payment was $461.

2012 253
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Amsterdam and Renault-Nissan Partner on EVs; Targeting Sales of 1,000 EVs by End of 2011

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Among the specific targets agreed by both parties is a determination to register at least 1,000 EV sales by the end of 2011. As a first step to reaching that target, Nissan will deliver 100 Nissan LEAFs to fleet customers starting in February 2011. In June 2011, deliveries will begin to individual customers.

2011 199
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion, down 15% on 3Q 2017, while the purchase of small-scale solar systems of less than 1MW totaled $13.5 billion, up 11-fold, making investment in 2018 the highest since 2011. Spain at $1.9

Clean 259
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A.T. Kearney study projects US auto sales volumes will trend back to historical levels by 2013; forecasts 13.2 million new units sold in 2011 and 16 million in 2013

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The study cautions, however, that the availability of financing, total cost of ownership and the unfolding events in Japan will impact vehicle sales in both markets. The forecast’s wild card is Japan, where in the aftermath of the earthquake and tsunami, parts shortages will impact 2011 US. consumer confidence. —Dan Cheng.

2013 186