PACE loan program makes solar energy more affordable for homeowners

 

By Steve Gelsi

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  • The US is to give nearly $2bn in loan guarantees to two solar energy companies, creating one of the world's biggest solar energy plants in Arizona.

  • Price cuts by manufacturers, tax credits, California incentives and innovative financing ease the cost of going solar. If you're searching for a bright spot in a dismal economic climate, look no farther than your roof.

  • PR Newswire - WASHINGTON, Feb. 11 /PRNewswire-USNewswire/ -- The Kingdom of Saudi Arabia has begun building the first solar-powered water desalination plant, the first step in a three-part program to introduce solar energy into the Kingdom. The program, launched by the King Abdulaziz City for Science and Technology (KACST), aims to help stabilize future power and water supplies inside Saudi Arabia through the creation of solar-powered desalination facilities.

  • Atty. Gen.

  • AP - BORROWERS AT RISK: About 1.2 million homeowners have enrolled in the Obama administration's $75 billion loan assistance program since March 2009.

  • Funds dry up, and many projects are left in limbo, after regulators and lenders raise alarms over terms of the Property Assessed Clean Energy program.A popular program that allows homeowners to tap low-interest government financing to install energy-efficient solar panels, windows and insulation has stalled, leaving tens of thousands of green improvement projects across the country in limbo.

  • The government may allow more borrowers to qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones.

  • WASHINGTON (AP) -- The government may allow more borrowers to qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones....

  • Greentech Media submits: Despite the fact that China led the world in clean energy investments last year, the Chinese government is now backing away from ambitious plans to plant megawatts of solar in the country.

  • Prosecutors nationwide filed 189 legal actions Wednesday against loan modification consultants accused of bilking homeowners who are desperate to make their mortgage payments more affordable.

 
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