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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

Green Car Congress

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

In the Build Back Better Act, Congress proposed making the federal EV tax credit refundable and transferable through financing, making it easier for the middle class to save $7,500 on tax credits at point of sale or finance. They could have 5-10 different incentive applications to manage, as well as needing to install a home charger.

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Here’s how the Fed’s rate cut helps homeowners go solar

Baua Electric

Over the past few years, higher interest rates meant that financing a solar system was more expensive, which pushed out the break-even point for those investing in solar. But now, the Fed’s September rate cut – combined with dropping installation costs – makes going solar even more attractive. Get started here.

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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Based on the data up to July 2024, Ember’s analysis is in line with forecasts made by Bloomberg New Energy Finance ( BNEF ).

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The Tesla Model 3 is now cheaper to lease than a Toyota Camry

Baua Electric

If the 2024 Tesla Model 3 Long Range All Wheel Drive is catching your eye, it’s now more affordable because it’s become eligible for the full $7,500 tax credit. But heads up, which I flagged last week, that Tesla scrapped promotional financing on the Model 3 Long Range after it became eligible for the $7,500 federal tax credit.

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The Growing List of EVmatch Partners

EV Match

EVmatch and Silicon Valley Clean Energy are working together to install charging stations at multi-family properties in Santa Clara County, California. BED offers an additional $500 per installed charger to help cover the installation costs of each station if the owner agrees to make it publicly available from 9am – 5pm.

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The Best Electric SUVs on the Market

EV Life

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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