By Greentech Lead America: Kyocera Solar, a supplier of
solar power generating systems, in partnership with De Lage Landen Financial
Services, a provider of leasing, business and consumer finance solutions
worldwide, has launched Kyocera Solar Finance, a program that provides loan and
lease options to consumers seeking light commercial and mid-to-large commercial
installations.
Kyocera Solar Finance is designed to deliver company’s
solar panels to qualified consumers and up to 100 percent financing of the
total project cost, including inverters, racking, wiring, installation and
other costs associated with the system installation.
This all-inclusive approach creates a streamlined process
for customers ready to make the conversion to solar energy for the
environmental and economic advantages it provides.
“Our goal is to bring solar energy to the world, and with
Kyocera Solar Finance we are able to help more consumers gain energy
independence through clean, solar-generated electricity,” said Steve Hill,
president of Kyocera Solar.
Kyocera Solar Finance offers two viable financing
solutions: loans and tax leases, both with distinct advantages. For projects
$10,000,000 and lower, the loan option enables the end user to own the system
outright, retain tax benefits and any qualifying local subsidies.
Starting at $500,000, the tax lease model is a practical
structure where an end user hosts the system, directly benefits from the energy
produced and rents the system from De Lage Landen through the Kyocera Solar
Finance Program.
“Kyocera’s quality products and expertise in the
marketplace made our partnership an easy decision. With a U.S. focused program,
we aim to support Kyocera’s objective towards providing flexible and
sustainable solutions to their customers,” said Mark McGovern, general manager,
Clean Technology for De Lage Landen.
By securing financing directly
through Kyocera Solar Finance, customers seeking light commercial and
mid-to-large commercial installations will enjoy both the convenience of
completing the process in-house and the assurance of Kyocera’s proven
leadership in the solar industry.
KYOCERA,
IHI, MIZUHO Corporate Bank to operate 70 MW solar plant in Japan
Recently, Kyocera Corporation, IHI Corporation and
Mizuho Corporate Bank have partnered to construct a 70 MW solar power plant in
Japan and to explore a business model for utility-scale solar power generation.
With this solar project, the three companies are targeting to solve
Japan’s power supply issues caused by the effects of the Great East Japan
Earthquake.