Google, Clean Power Finance Create $75 Million Fund For Residential Solar

Clean Power Finance, a provider of integrated services and financing for the solar sector, says it has teamed with Google to launch a new $75 million fund to finance residential solar projects.

This initial investment in Clean Power Finance's white label financing solution represents the second fund available to its network of qualified installers that brand and market it to homeowners. Google says it has now invested more than $850 million in the renewable energy sector.

SunLogic, California Solar Systems and American Vision Solar are among the solar installers currently branding and offering homeowners Clean Power Finance's financing solution. The Clean Power Finance-Google fund will enable up to 3,000 homeowners to install solar power, according to the companies.

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