Google has created a $75 million fund with Clean Power Finance, a company that offers financing for residential solar panel installations.
The investment will enable 10,000 homeowners to install solar panels on their homes.
The upfront cost is the largest obstacle to installing residential solar panels, and solar installation companies don't always have the means to offer financing. Clean Power Finance seeks to overcome that hurdle by offering installers a way to provide financing to potential customers, while also giving companies without ties to the solar community a way to invest in the industry.
Google, the investor in … Read more