Australia-based CBD Energy Ltd. has obtained approximately $300,000 in loan approvals for residential solar photovoltaic systems under its U.S. solar installations brand, Westinghouse Solar.
The loans will support operations in the Greater Boston region. Westinghouse Solar says the loan program allows its customers to retain the full benefit of available tax credits and other renewable energy incentives.
In May, Westinghouse Solar began offering financing of up to $45,000 on residential solar systems for qualified customers from $20 million of third-party funding capacity allocated to the company.