Solar Power Electric Cells, Switches and Outlets

Clean Power Finance Channels $1 Million Into Solar Every Day

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At the end of 2010, Clear out Power Finance (CPF) CEO Nat Kreamer and a group of the biggest names in greentech venture capital , including Kleiner Perkins and Google, unwavering to take the company to the next level.

CPF was founded in 2007 as an online tool to connect solar buyers and sellers with financial products and relief them design solar systems. By 2010, it had 800 solar businesses, including marquee names like Suntech, BP Solar and Trusted Good Solar, as customers. Forty percent of all residential and small- and medium-sized commercial solar sold used the CPF software podium.

White-label financing in the software package offered solar business customers the ability to make elbow, under their own brands, the full range of financing options to solar system buyers, from leases and power purchase agreements to loans and tax credits.

“The assemblage worked for four years to develop the software,” Kreamer said, “and grow its customer miserable.” While perfecting its tool “to design, quote and propose solar,” the company was accruing an monstrous database, from the price and amount customers pay for electricity to the cost and performance of their solar systems.

Source: Greentech Media (blog)