Commercial lender Sunstone credit has selected the solar design platform HelioScope Aurora solar energy as “bankable” and a reliable source for production estimates in the underwriting process.
“We love it when solar installers use HelioScope to estimate a system’s production,” said Duncan Hinkle, Chief Commercial Officer at Sunstone Credit. “Once we know that HelioScope has generated the production estimate and optimized the system size, we basically accept the output into our system performance analysis – no questions asked.”
Installers who choose HelioScope reduce preliminary design time from 2 hours to 20 minutes, creating 20% more proposals per year with the same workforce, Aurora claims.
“In today’s commercial solar market, access to capital can make or break a project,” said Chris Collins, CEO of Ohm Analytics. “Because financing plays such a critical role in scaling commercial and industrial solar, lenders need confidence that production estimates are accurate and defensible. Bankable production estimates are the key that unlocks access to capital for developers and customers alike. Our latest forecast calls for continued C&I market growth despite policy headwinds and bankable production estimates can help developers help take advantage of this demand.”
News item from Aurora Solar
