Today, the New York City Housing Authority (NYCHA) announced substantial completion of 1.8 megawatts of rooftop solar arrays on 27 buildings across Queensbridge North and Queensbridge South Houses, the largest public housing project in the country. A solar developer team led by Bright Power, Sol Purpose, and Sunwealth Power worked with the Authority to design, install, and maintain the solar systems.
Read MoreSolar Builder Magazine published an article highlighting Sunwealth’s project at Blue Army Shrine in Franklin Township, NJ. The 68kW system, completed in partnership with Citrine Power and Pfister Energy, is one of the first projects to be approved under New Jersey’s Community Solar Pilot Program.
Read MoreTwelve newly trained solar installers are placing panels on New York City Housing Authority developments to provide clean power at discounted rates for low- and moderate-income subscribers. These workers, who are NYCHA residents from across the city, are currently atop roofs at Glenwood Houses, in the Flatlands area of Brooklyn.
Read MoreThe Biden-Harris Administration continues to demonstrate its commitment to a community-based and more equitable clean energy future by awakening the dormant $40 Billion U.S. Department of Energy (DOE) Loan Program and setting the stage for an even better funded national green bank.
Read MoreImpactAssets, the leading facilitator of direct impact investing through donor-advised funds named Sunwealth to its ImpactAssets 50 2021 list of impact fund managers. Their annual list of impact investment firms provides an easy way for investors and advisors to explore a diverse group of opportunities that create meaningful community impact.
Read MoreSunwealth has now invested over $50M in hundreds of community-based solar projects delivering clean energy and savings to affordable housing, fire stations, libraries, houses of worship, schools, community centers, offices and local businesses, while supporting green jobs and revenues for local solar developers and installers whose work helps power our renewable energy economy.
Read MoreLate last year, the Republican-led Senate and Democratic-led House passed a new stimulus bill that was signed into law by former President Trump on December 27th. The new economic relief law released $900 billion in stimulus that includes, among other things, direct payments, unemployment benefits, support for vaccine distribution, and as you are very familiar with, a new round of PPP funding. It also features an extension of the Solar Investment Tax Credit.
Read MoreAs 2020 draws to a close, we celebrate our community of partners – local developers and installers, project hosts and customers, investors, and our team who rose to every challenge the year presented to move the solar economy forward project by project.
Read MoreAfter many days of anxious anticipation, we can now say for certain that Joe Biden will be the next President of the United States. No matter how you may feel about the election outcome, one thing that we all can agree on is that a change in administration will be a net positive for solar energy investments.
Read MoreIn recent years, U.S. companies have made record investments in solar energy. Apple, Amazon, Walmart, Target, Google and Facebook have all announced multimillion-dollar investments in solar energy projects. These companies recognize what large solar investors like Citigroup, JP Morgan, Bank of America and Wells Fargo have long demonstrated: investing in solar is not only good for the environment; it’s good for their bottom lines.
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