Business World of Renewable Energy

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Sunrun Partners to Finance Solar Projects for Low-Income Homeowners

San Francisco - Sunrun Inc., a residential solar company in the United States, announced an extension to their partnership with Grid Alternatives, a non-profit solar installer, to provide financing for solar installations in low-income communities.

Under this agreement, Sunrun will serve as third-party owner (TPO) through its BrightSave Prepaid solar lease and solar power purchase agreement (PPA) products for hundreds of solar system installations annually. With this arrangement, Sunrun will own, operate, maintain and insure the solar systems. Grid Alternatives will install the solar systems and fund each customer

Source: IWR Online, 25 Apr 2017