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Suniva Partners With Technology Credit Corporation

published: 2014-08-27 11:58

Suniva and Technology Credit Corporation (TCC), a privately held financial products and services firm, are partnering to offer Suniva’s integrators and customers a financing solution.

"The U.S. solar market continues to experience rapid growth, and in an effort to maintain this momentum with our diverse customer base, Suniva has partnered with Technology Credit Corporation to help provide applicable customers with innovative financing options," said Matt Card, vice president of global sales and marketing at Suniva.

TCC is one of the largest providers of small commercial financing options in the United States. It has more than 300 commercial PV systems in its portfolio. The firm's innovative financing approach incorporates leases and power purchase agreements, but with the end goal of the customer owning the solar system.

“The partnership with Suniva gives us the opportunity to finance superior quality solar panels, made in the U.S.,” said Mark Schmidt, vice president of business development at TCC. “We believe that the high-quality, Made-in-the-USA story will be extremely attractive to our target customers: community non-profit organizations such as schools, houses of worship, homeowners associations, and health service providers.”

Suniva recently announced an expansion of their solar manufacturing facilities. The new facility, located in Saginaw, MI, further strengthens Suniva’s position as America’s leading solar module manufacturer, employing a higher percentage of American workers than any other tier-1 solar manufacturer.

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