There’s an opportunity to invest in a just transition toward a sustainable future and a clean energy economy that promotes community resilience. Join Sunwealth CFO Omar Blayton and other environmental justice leaders and investors for a conversation about how climate solutions investments can have a social impact multiplier effect and how we can ensure that the clean energy economy doesn’t leave frontline communities behind.
Read MoreClean energy investment firm Sunwealth today announced a $2.9 million loan from Calvert Impact Capital to support Sunwealth’s solar access work. Sunwealth will use Calvert Impact Capital’s financing, together with $4.3 million in tax equity investment from private investors, to support 18 community-based solar projects across 5 states.
Read MoreSunwealth is building a series of solar projects, totaling 186 kW, on the rooftops of 12 affordable multifamily apartment buildings in the Greater Boston area that are owned by nonprofit affordable housing and services provider, Caritas Communities.
Read MoreToday, 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.
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