September 21, 2010
Solar Financing Program Offered
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SPG SOLAR ANNOUNCES FORMATION OF STRUCTURED FINANCE GROUP
~Full Suite of Funding Resources and Expertise to be Available to Commercial Solar Market~
Novato, CA— September 21, 2010—SPG Solar, a leading US solar installer and recently ranked as the second largest in California, announced today that it will offer access to a full array of financial resources and expertise on public funding and tax credit opportunities for commercial solar projects. SPG Solar’s Structured Finance Group will be headed by Michael Johnson, the former Managing Director of the Renewable Energy Investment Program for the National Development Council, who joined SPG Solar in June, 2010 as Vice President of Project Finance.
With the formation of its Structured Finance Group, SPG Solar becomes an industry leader as one of the few companies able to provide this combination of expertise and access to the private and public funding needed to make solar projects economically viable and a sound investment for the long-term. Due to SPG Solar’s track record of success and reliable installations, the Structured Finance Group within SPG can now offer its customers access to its third party funding partners for Power Purchase Agreements (PPAs), debt and equity investment, operating and capital lease arrangements and participation in Renewable Energy Funds. The Group also brings together the industry’s leading experts on federal and state government Solar Renewable Energy Credits, available public funding through CREB bond offerings, Department of Energy Grants and utility incentive programs.
“We are taking the mystery out of a very complex funding process for our customers,” noted SPG Solar President and CEO, Thomas Rooney. ‘SPG Solar is a relationship-based company, and we will build upon this as we make the connections between our customers and the investment community.”
Filed under Solar Power by newenergy
August 18, 2008
Wine and Chocolate Create Solar Power
Clean Solar, Inc asked:
What do you get when you mix chocolate and wine? In the case of Clean Solar, Inc., you get solar. Silicon Valley Entrepreneur, Randy Zechman, is the founder of City Chocolate Fountains (the largest chocolate fountain rental company in the United States). Jeff Ritchey is a San Jose native and wine guru. He is a wine consultant for Pichetti Winery, San Saba winery, and has two of his own labeled wines. Together, they are the co-founders of Clean Solar, a Silicon Valley solar installer and integrator.
Randy Zechman will readily admit that he is a serial entrepreneur. Just over a year ago, with two successful businesses in his portfolio: City Chocolate Fountains and World 2 Do, Inc., Zechman was ready for a new challenge. Zechman and a friend of eight years, Jeff Ritchey, an award-winning winemaker, regularly attended a monthly Bay Area speaker series with a group of friends. After every speaker they would end up at a local restaurant debating the subject matter of that night’s speech, global warming and the health of the earth were often the center of those debates, which resulted in them seeing Al Gore speak at the State of the Valley conference in early 2007.
After seeing Al Gore speak on solutions for protecting our planet, Zechman began to research the solar power industry. Ritchey, while continuing to grow his label, Sensorium Wines, was also showing increased interest in the green movement, realizing that green technology was an ideal fit with his knowledge in geology, winemaking and construction.
Filed under Alternative Energy by newenergy
