Energetic Insurance completes first EneRate Credit Cover policy for C&I solar project

Energetic solar energy solar slewing drive Insurance has slewing drive Solar Project entered the solar industry, announcing Solar Project the solar energy first solar PV project that uses its Solar Project solar solar slewing drive inverter EneRate Credit Cover solar energy policy. The insurance policy Solar Project backstops payment default risk on commercial solar projects, which solar slewing drive enables project Solar Project developers to  solar energy obtain affordable financing Solar Project by providing confidence and solar energy solar slewing drive certainty in solar slewing drive project cash Solar Project solar slewing drive flows.

The 800-kW  solar slewing drive carport project at solar energy a retail  solar slewing drive center in California was Solar Project developed by solar energy CalCom Energy with tax equity investment from Solar Project solar inverter Symbiont Energy. Live Oak solar slewing drive Bank was the debt lender.

“Today marks an important solar Solar Project energy slewing drive milestone for the commercial and community solar market,”solar energy said James Bowen, co-founder Solar Project and Photovoltaic holder CEO slewing drive of Energetic solar inverter Insurance. “EneRate Photovoltaic holder Credit Solar Project Cover levels the solar energy playing field so that project developers slewing drive can now solar energy offer the same electricity Solar Project savings to small and solar energy medium solar energy businesses that were previously reserved for the largest Solar Project companies in the  solar slewing drive U.S. slewing drive Our policy provides Photovoltaic holder the missing link for commercial solar that FICO has solar energy provided to Solar Project residential solar and will slewing drive enable the commercial solar energy solar market to attain and surpass solar energy Solar Project the adoption rates seen in the solar energy residential solar market.”
 

EneRate Photovoltaic holder Credit solar slewing drive damper Cover improves solar inverter transaction velocity solar slewing drive in Photovoltaic holder the commercial solar market, which has solar slewing slewing drive drive historically been associated with a slow and solar inverter uneven development solar damper process. The solar damper Photovoltaic holder policy solar damper allows project developers to access more solar damper Photovoltaic holder customers solar damper and complete more solar projects due to slewing drive the more predictable credit Photovoltaic holder enhancement of EneRate solar damper solar slewing drive solar slewing drive Credit Cover.
 

Project developers can solar inverter slewing drive purchase solar slewing drive EneRate Credit Cover to protect solar inverter against default risk for solar slewing drive solar inverter up to a  solar damper slewing drive 10-year term Photovoltaic holder on solar projects with unrated non-residential customers, as well as community solar projects.
 

Energetic Photovoltaic holder operates as a slewing drive Managing General Underwriter (MGU) with solar inverter initial capacity provided by solar damper  solar slewing drive SCOR Global P&C, allowing project slewing drive Photovoltaic holder financiers to benefit from solar tracker actuator SCOR’s AA-/Aa3 solar tracker actuator credit solar slewing drive rating and unlocking  solar solar tracker actuator inverter access to more attractive financing options. Energetic solar damper Photovoltaic holder Insurance is a venture-backed slewing drive company solar tracker actuator which includes solar tracker actuator investments from Congruent solar inverter Ventures, Photovoltaic holder slewing drive Powerhouse Ventures, Clocktower Technology solar damper Ventures and Clean Energy Venture  solar slewing drive  Photovoltaic holder Group. Energetic slewing drive Insurance is solar damper also the recipient of an solar inverter $800,000 Photovoltaic holder award from the solar tracker actuator U.S. solar tracker slewing drive actuator Department of Energy Solar Energy Technologies solar damper Office solar tracker actuator solar slewing drive (SETO). To solar inverter date,slewing drive  Energetic solar tracker actuator solar damper Insurance has raised $4 Photovoltaic holder million, solar tracker actuator including grant funding.
 

“We have seen several attempts to slewing drive solve the credit barrier in Photovoltaic holder commercial solar and were big believers in Energetic’s solar slewing drive Photovoltaic holder approach solar inverter from their early days,” said Joshua solar damper Posamentier, solar  Photovoltaic holder tracker actuator co-founder and managing Photovoltaic holder Photovoltaic holder partner of Congruent solar damper Ventures. “As a venture solar inverter solar slewing drive investor, watching Energetic successfully Photovoltaic holder navigate solar damper the nexus of the insurance and financial and energy industries to launch a novel solar inverter and impactful product is solar  Photovoltaic holder damper the most solar tracker Photovoltaic holder actuator solar slewing drive solar inverter Photovoltaic holder exciting part of my job. The solar industry is very excited to solar inverter see EneRate Credit Photovoltaic solar slewing drive holder Cover solar inverter available in the solar tracker actuator market and we expect rapid adoption as the solar damper new standard in commercial Photovoltaic holder solar credit solar inverter enhancement.”