Commercial lender Sunstone Credit has deemed the HelioScope solar design platform from Aurora Solar as “bankable” and a trustworthy source for production estimates in the underwriting process.
“We love when solar installers use HelioScope to estimate the production of a system,” said Duncan Hinkle, Chief Commercial Officer at Sunstone Credit. “If we know HelioScope generated the production estimate and optimized the system size, we’ll basically accept the output in our analysis of the system’s performance — no questions asked.”
Installers who choose HelioScope cut preliminary design time from 2 hours to 20 minutes, creating 20% more proposals per year with the same headcount, claims Aurora.
“In today’s commercial solar market, access to capital can make or break a project,” said Chris Collins, CEO of Ohm Analytics. “With financing playing 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 take advantage of this demand.”
News item from Aurora Solar
