Sunlight Financial Announces $400 Million Annual Guarantee for Solar Loans

By [email protected] The residential solar sector got a boost days after President Trump announced a 30 percent year-one tariff on imported solar modules.

Last week, Sunlight Financial announced that San Francisco-based Technology Credit Union will offer $400 million more each year to fund about 15,000 solar loans. That adds to the credit union’s already hefty commitment of $500 million to fund 20,000 rooftop installations.

“This is up there among the largest loan funds raised to date,” said Cory Honeyman, a solar analyst at GTM Research. “And the optics of raising $400 million and announcing it the week Trump decides on Section 201 does

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