JinkoSolar to partner with CleanFund Commercial PACE Capital to provide long term financing to C&I solar customers
Written By: Stratton Report
March 17, 2017
On March 17, JinkoSolar Holding Co., Ltd. announced that its sub, JinkoSolar (U.S.) Inc., will partner with CleanFund Commercial PACE Capital to offer long-term project financing to US commercial project customers through CleanFund’s SolarPACE program.
According to JinkoSolar, the PACE program is designed to maximize solar energy cash flow to commercial and industrial property owners.
Per the solar developer, CleanFund fully funds the installation of the system, while end users re-pay CleanFund through property taxes over terms as long as 30 years. Project developers who use JinkoSolar modules together with SolarPACETM will be eligible for incentives that will lower their project costs.
Nigel Cockroft, General Manager at JinkoSolar (U.S.) Inc. noted: SolarPACE
SolarPACETM is an excellent fit for the C&I space because it uniquely maximizes cash flow for the end customer, a value proposition we think our customers will find useful for their sales toolkits. We always seek to enhance our installers’ competitiveness, and this partnership with CleanFund will be key to that effort.
Brandon Deno, Vice President of Solar at CleanFund noted: “As a provider of long-term financing, we appreciate projects integrated with high quality materials from reliable suppliers. JinkoSolar has a proven reputation as a dependable and world-class module manufacturer.”