“Greg Sellers’ record of leadership in solar inspection and permitting supports Clean Power Finance’s efforts to increase the professionalism of the residential solar industry, and his work at Burnham Energy overseeing quality assurance for thousands of solar systems expands our expertise,” said Nat Kreamer, Clean Power Finance CEO.

Prior to joining Clean Power Finance, Greg started Burnham Energy Inc., a subsidiary of Burnham Nationwide. During his three years as Director, Greg built Burnham Energy into the nation’s largest residential solar inspections company. A former local elected official in Morgan Hill, Calif., Greg has a broad range of public and private sector experience, including a role as a founding member of SolarTech, an initiative of the Silicon Valley Leadership Group that works to resolve technical and market barriers to the mass adoption of solar. Greg earned a BA from the University of California, Santa Cruz and an MA in public policy from California State University, Monterey Bay.

“I chose to join Clean Power Finance because of its leadership in considering new ways of deploying and managing residential solar installations,” said Greg. “I look forward to ensuring the streamlined deployment and long-term success of the company’s rapidly expanding portfolio of solar projects.”

About Clean Power Finance

Clean Power Finance is driving themass-market adoption of residential solar with its online business-to-business marketplace that connects the solar industry and the capital markets. Clean Power Finance provides solar professionals, including marketers, installers, manufacturers and distributors, with access to a variety of non-exclusive, white-label residential finance products and an easy-to-use solar sales quoting and design tool. The company’s transparent pricing makes it easy for financial firms and lenders to invest in residential solar projects that provide reliable rates of return. Founded in 2007, Clean Power Finance is venture backed by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures, Claremont Creek Ventures, Clean Pacific Ventures and Sand Hill Angels. To learn more about how Clean Power Finance can accelerate the growth of solar businesses, please visit www.cleanpowerfinance.com.

Residential solar power has seen substantial growth in the past few years because of the access to lending products like purchase power agreements and leases that make solar an affordable option for the mass market. This partnership with Clean Power Finance has already impacted many Paramount Solar customers who are taking advantage of savings from their solar systems.

“Going solar just makes sense. The financing made it incredibly affordable and my return will be well over 15 percent – where can you find a return on investment like that right now?” said Paramount Solar customer, John Gage, of Sacramento. “And seeing the meter actually spin backward is great because that just means even more money in my pocket for the excess energy the panels produce. I tell all of my friends to call Paramount Solar because it’s a simple process and an easy way to save money every month.”

“The growth of residential solar financing has made solar a good economic investment,” said Robert Prigge, CCO of Clean Power Finance. “We are committed to promoting the mass-market adoption of residential solar, and partnerships with industry-leading companies like Paramount Solar enable us to bring clean, economical solar energy to more Americans than ever before.”

“The residential solar business is booming and customers are getting excited about saving money and taking control of their energy production, while doing something great for the environment,” says Hayes Barnard, CEO of Paramount Solar. “The affordable financing options provided by Clean Power Finance are vital to the growth of this industry and make it possible to bring clean, green energy to the mass market.”

Paramount Solar customers in California and Arizona are currently taking advantage of Clean Power Finance’s financing options, and the company plans to expand to additional states in 2012. For more information about Paramount Solar, visit www.paramountsolar.com or call 1-888-801-3333.

About Paramount Solar

Paramount Solar was created to save homeowners money by converting their homes into personal power stations using PV solar technology. The company makes going solar simple by delivering a one-stop, streamlined process for securing solar financing, custom design, solar installation, permits, rebate paperwork and ongoing solar system monitoring. With Paramount Solar’s innovative financing options, customers can now go solar with no upfront investment and start saving money in the first month of service. The company provides free PowerSavings™ Plans to assist customers in finding out if solar is right for them.

About Clean Power Finance

Clean Power Finance is driving the mass-market adoption of residential solar by building an online business-to-business marketplace to connect the solar industry and the capital markets. Clean Power Finance provides solar professionals, including marketers, installers, manufacturers and distributors, with access to a variety of non-exclusive, white-label residential finance products and an easy-to-use solar sales quoting and design tool. The company’s transparent pricing makes it easy for financial firms and lenders to invest in residential solar projects that provide reliable rates of return. Founded in 2007, Clean Power Finance is venture backed by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures, Claremont Creek Ventures, Clean Pacific Ventures and Sand Hill Angels. To learn more about how Clean Power Finance can accelerate the growth of solar businesses, please visit www.cleanpowerfinance.com.

Media Contact:
Alison Mickey
amickey@cleanpowerfinance.com
415-963-4319

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“SunWize has been committed to making the world a better place through the use of sustainable energy for over twenty years,” said David Kaltsas, President and Chief Operating Officer of SunWize Technologies. “Our new partnership with Clean Power Finance is another way for us to demonstrate that commitment. It opens the door for many residential customers who may previously have been unable to finance a solar installation.”

Solar finance products such as leases and power purchase agreements (PPAs) are crucial tools for solar professionals who want to expand their business. Clean Power Finance’s financing solutions offer solar professionals and distributors a variety of solar leases and PPAs, driving competitive prices and allowing installers to tailor options to homeowner preferences.

“Clean Power Finance is committed to expanding the residential solar market by making affordable solar leases and PPAs available to qualified solar professionals,” said Robert Prigge, Chief Commercial Officer at Clean Power Finance. “We are very excited about our partnership with a top tier distributor such as SunWize, whose national dealer network will help us bring finance products to more solar professionals across the US.”

As a subsidiary of Mitsui & Co. (USA), SunWize operates the largest solar electric distribution center in the US. Having pioneered the solar industry back in the early 1990s, the company now designs, develops and builds large-scale, turnkey sustainable energy projects. Drawing on years of experience in a variety of industries and environments, SunWize and its established network of dealers and contractors have an excellent track record of delivering results that consistently exceed customer expectations.

“Economic and environmental trends continue to point to a tremendous increase in the need for sustainable energy,” Kaltsas added. “Residential solar financing represents a big growth opportunity—not just for SunWize, but for its dealers and professional installers.  We made the decision to partner with Clean Power Finance because they are one of the best and most experienced financing providers in the industry. I have no doubt that this partnership will help both organizations reach new levels of success in the months and years ahead.”

SunWize dealers in six states–Arizona, California, Colorado, Hawaii, Massachusetts and New Jersey—will have initial access to Clean Power Finance’s products, with plans to add additional states in the future.  For more information about SunWize, its dealers, installers and products, visit www.sunwize.com or call 1-800-81-SOLAR.

ABOUT SUNWIZE TECHNOLOGIES, INC:

Delivering sustainable energy solutions to leading public and private organizations for over twenty years, SunWize is a global Engineering, Procurement, and Construction company, a premier Distributor of sustainable energy products, and a Developer of engineered solutions for mission-critical projects. By leveraging Mitsui’s $66B global network both upstream and downstream, SunWize provides businesses, government agencies and dealers with the resources they need to execute sustainable energy projects on time and within budget.

About Clean Power Finance:

Clean Power Finance is driving the mass-market adoption of residential solar by building an online marketplace to connect the solar industry and the capital markets. The company provides solar professionals, manufacturers and distributors with access to a variety of white label residential finance products and easy-to-use solar sales quoting and design tools. For investors and lenders, the company makes it easy to invest in residential solar projects that provide reliable rates of return. Founded in 2007, Clean Power Finance is funded by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures and Claremont Creek Ventures. To learn more about how Clean Power Finance can accelerate the growth of your business, please visit www.cleanpowerfinance.com.

Solar companies selling residential solar financing get paid faster for solar installations with CPF Tools 2.1. The new software will dramatically simplify the residential solar finance process for Clean Power Finance channel partners, delivering smart credit decisions across multiple financing products, streamlining document processing and easily accommodating solar system specification changes.

“Before CPF Tools 2.1, finance processing was a recognized industry pain point because it is highly manual, detailed and time-consuming. This software eliminates that hassle and cost for solar integrators and ensures underwriting quality for solar investors,” said Nat Kreamer, CEO of Clean Power Finance.

Finance-verified CPF Tools users will gain access to the following new features the week of September 17:

• Improved homeowner credit check process. CPF Tools 2.1 allows solar professionals to run homeowner credit against multiple financing products offered in the CPF Marketplace. If a homeowner’s credit does not qualify for one finance product, the software automatically checks to see if the homeowner qualifies for other products and delivers a credit decision. This smart and streamlined credit process helps channel partners close more deals faster; and
• Flexible pricing. CPF Tools 2.1 allows solar professionals to build proposals and design systems around specific selling points and customer preferences. For example, if a homeowner opts for solar based upon the attractive cost of electricity per kWh, the solar professional can generate a proposal in CPF Tools 2.1 starting with that value proposition and working backwards, instructing the software to generate all system parameters based upon selling the homeowner electricity at a particular price per kWh.

Clean Power Finance’s finance-verified partners will have access to additional features on a rolling schedule; the account-by-account migration, tailored to each partner’s needs, will minimize disruption and ensure operations continuity across the transition. Key elements of the additional features include:

• Dynamic document generation. The solar sales process requires that many documents be signed and submitted by various parties at specific points during the sale, design, construction and activation of the solar system. Generating, signing, scanning and uploading these documents is time-consuming and prone to human error, resulting in high soft costs as well as project and payment delays. CPF Tools 2.1 is unique in the industry in its capability to automatically generate, complete and error-check documents at each step in the project cycle, based upon the most recent system data. The software then allows all documents to be electronically signed, ensuring data integrity and eliminating manual processes that currently bog down busy solar professionals;
• Smart underwriting. Ensuring underwriting compliance and accurate paperwork is challenging during a dynamic, labor-intensive and detailed process like solar installation. Solar projects often must be submitted multiple times to financing providers to correct errors at multiple steps during the project cycle. CPF Tools 2.1 is the first solution that automatically identifies underwriting issues before documents are generated or submitted. Moreover, the software not only alerts the solar professional to the issue, but also offers multiple options for quickly fixing it, eliminating change orders. These capabilities replace what would otherwise be a time-consuming back and forth interaction, speeding project approvals to deliver faster payments to Clean Power Finance channel partners; and
• Accounting reporting. Via API or downloaded reports, CPF Tools 2.1 delivers solar integrators detailed data on financials and equipment for each solar system as it progresses through the project cycle. This data enables solar installers to create preliminary, variance and final financial accounting reports that help them forecast revenue, measure operating performance, report financial results and run their businesses more profitably.

“CPF Tools 2.1 delivers the solar industry best-in-class software capabilities, with automated finance processing features that meet or exceed what is available with similar solutions used in the mortgage, auto or credit card industries. These features increase transaction speed and accuracy while reducing soft costs,” said Adam Marsh, CTO and co-founder of Clean Power Finance. “There is an unrealistic assumption in the solar finance industry that the system quoted to the consumer is the exact system that ends up on the roof, but it’s actually a dynamic process with many constraints. Our software is the first to really take that fluidity into account.”

About Clean Power Finance

Clean Power Finance is driving the mass-market adoption of residential solar by building an online business-to-business marketplace to connect the solar industry and the capital markets. Clean Power Finance provides solar professionals, including marketers, installers, manufacturers and distributors, with access to a variety of non-exclusive, white-label residential finance products and an easy-to-use solar sales quoting and design tool. The company’s transparent pricing makes it easy for financial firms and lenders to invest in residential solar projects that provide reliable rates of return. Founded in 2007, Clean Power Finance is venture backed by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures, Claremont Creek Ventures, Clean Pacific Ventures and Sand Hill Angels. To learn more about how Clean Power Finance can accelerate the growth of solar businesses, please visit www.cleanpowerfinance.com.

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Media Contact:
Alison Mickey
415-963-4319
amickey@cleanpowerfinance.com

San Francisco—January 17, 2012—Clean Power Finance, the leading provider of residential financing and solar sales and system design tools, today announced the appointment of its newest executive team member, Robert E. Prigge, as senior vice president of worldwide sales. His long record of successful sales leadership enables Clean Power Finance to further its mission to bring better residential financing options and essential sales solutions to the entire solar industry.

“Robert has an impressive twenty-year track record of repeated success delivering business solutions to customers,” said Nat Kreamer, CEO of Clean Power Finance. “His deep experience leading global sales teams for growth companies and international conglomerates, including IBM, adds unique capabilities to our team that will help take our business to the next level.”

Prior to joining Clean Power Finance, Robert was the vice president of global sales & marketing for Sterling Commerce where, as part of the eight-person Senior Leadership Team, he helped steer the acquisition of the company by IBM for $1.4 billion from AT&T.  Following the integration of the company into IBM, Robert was the North America sales leader for IBM’s B2B division, a combination of Websphere and Sterling B2B portfolios. Additionally, Robert has also led the Asia-Pacific & Japan sales operations of companies like Secure Computing, McAfee, Quest Software and Symark Software, starting his career at the Chicago Board of Trade. Robert is fluent in multiple languages, matriculated at age 16, and received a B.S. in Engineering from the University of Illinois.

“Clean Power Finance is uniquely positioned to completely transform the way that clean energy is bought and financed,” stated Robert. “With Clean Power Finance’s innovative B2B financing model, I feel I can leverage my extensive expertise and help drive mass-market adoption of clean energy on a truly global scale.”

Clean Power Finance’s list of industry veterans includes solar finance pioneer and SunRun co-founder Robert “Nat” Kreamer; former Tioga Energy executive Kristian Hanelt; solar finance guru Ed Feo; venture capital veteran Micah Myers; and residential solar experts Kirstin Hoefer and Nick Mack.

About Clean Power Finance

Clean Power Finance is driving the mass-market adoption of residential solar by building an online marketplace to connect the solar industry and the capital markets. The company provides solar professionals, manufacturers and distributors with access to a variety of white label residential finance products and easy-to-use solar sales quoting and design tools. For investors and lenders, the company makes it easy to invest in residential solar projects that provide reliable rates of return. Founded in 2007, Clean Power Finance is funded by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures and Claremont Creek Ventures. To learn more about how Clean Power Finance can accelerate the growth of your business, please visit www.cleanpowerfinance.com.

Media Contact:
Alison Mickey
amickey@cleanpowerfinance.com

San Francisco—November 16, 2011—Clean Power Finance, a leading provider of residential financing and solar sales and system design tools, today announced the appointment of two new executive team members: Micah Myers as senior vice president of business development and program management, and Will Sanchez as vice president, corporate controller. Both bring significant energy and financial expertise, further establishing Clean Power Finance’s management team as one of the strongest in the industry.

“Micah Myers and Will Sanchez are excellent additions to our executive staff. Micah has led teams in senior military operational roles for a decade, has worked in both small and large organizations and has experience in renewable energy, software and finance. His track record of growing venture-backed companies and previous experience with our company make him a valuable asset to the team,” said Nat Kreamer, CEO of Clean Power Finance. “Will is the ideal candidate to develop and scale a successful accounting and finance team with a strong foundation in efficiency, effectiveness and integrity that will support our continued growth.”

Micah Myers joins Clean Power Finance as senior vice president of business development and program management after having served as the company’s first product manager in 2007. Prior to joining again this year as a full-time team member, Myers led the investment in Clean Power Finance as a principal at Claremont Creek Ventures, where he focused on early-stage alternative energy and energy efficiency technology companies. While at Claremont, he also served as a board observer with Alphabet Energy and Sentilla Corporation. Myers is a Lieutenant Colonel in the USMC (Reserves) and a “Top Gun” F/A 18 pilot who has served in Afghanistan and Iraq.  Myers holds a Bachelor’s degree in physics from the University of California at Davis and an MBA from Stanford University’s Graduate School of Business.

“Over the past four years Clean Power Finance has flourished from a small start-up to a well-respected company with major industry partners,” said Micah Myers, SVP of business development and program management. “I look forward to helping CPF cultivate and develop strategic partnerships with new and existing industry and funding partners.”

Will Sanchez joins Clean Power Finance as vice president, corporate controller, bringing with him approximately fifteen years of experience in both the high-tech and clean-tech sectors. Sanchez was previously corporate controller for EnergyConnect Group, Inc., a public company focusing on demand response services in the PJM, PG&E and Southern California Edison markets. There, he strengthened financial processes and procedures and participated in financial due diligence that facilitated the sale of the company to Johnson Controls, Inc. Sanchez is a certified public accountant with an audit background from PricewaterhouseCoopers LLP and earned his Bachelor of Science in business administration from the University of California at Berkeley.

“Clean Power Finance fills a much-needed gap in solar financing in the market today,” said Will Sanchez, VP corporate controller. “I very much look forward to working with CPF’s top notch industry experts to help the company achieve its financial goals.”

Myers and Sanchez are the most recent additions to Clean Power Finance’s growing list of industry veterans, which includes solar finance pioneer and SunRun co-founder Robert “Nat” Kreamer, former Tioga Energy executive Kristian Hanelt and solar finance gurus Brian Robertson and Ed Feo. The company also announced last month the addition of Nicholas Mack as senior vice president general counsel and corporate secretary, and Kirstin Hoefer as vice president of marketing.

About Clean Power Finance

Clean Power Finance is driving the mass-market adoption of residential solar by building an online marketplace to connect the solar industry and the capital markets. The company provides solar professionals, manufacturers and distributors with access to residential financing and easy-to-use solar sales quoting and design tools. For investors and lenders, the company makes it easy to invest in residential solar projects. Founded in 2007, Clean Power Finance is funded by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures and Claremont Creek Ventures. To learn more about how Clean Power Finance can accelerate the growth of your business, please visit www.cleanpowerfinance.com.

Media Contact:

Alison Mickey
Schwartz MSL
(415) 512-0770
cleanpowerfinance@schwartzmsl.com

San Francisco, Calif. – November 9, 2011– Clean Power Finance, a leading provider of residential financing and solar sales and system design tools, and Solmetric Corporation, a leading provider of precision design software and hardware for the solar industry, announced today that Solmetric’s shading analysis and equipment performance modeling software are now integrated into Clean Power Finance’s solar sales platform CPF Tools. The companies also collaborated on a new site measurement tool that automatically calculates critical site measurements, such as area and azimuth, to allow solar installers to complete a system design quickly and easily. Additionally, Clean Power Finance will offer solar installers eighteen months’ same-as-cash financing on the Solmetric SunEye™ 210 bundled with a CPF Tools license. This partnership significantly improves CPF Tools, the industry’s leading solar sales platform, and makes the leading shade measurement tool, the Solmetric SunEye 210, more accessible than ever before.

Solmetric’s SunEye 210 is the industry-leading shade measurement tool for solar installation, enabling installers to design better-performing systems. Today, SunEye handsets are used by solar installers to help design tens of thousands of solar systems in the United States each year.

“Solmetric’s professional-grade shading and design tools help solar installers build systems that perform better by optimizing solar exposure,” said Willard MacDonald, Solmetric president and CEO. “We are excited to offer the SunEye 210 to the thousands of installers using CPF Tools to improve their solar system design right from the start.”

“Superior solar system performance creates more value for homeowners, installers, investors and us, which will only accelerate the adoption of clean and inexpensive energy,” said Nat Kreamer, Clean Power Finance CEO. “The integration of Solmetric’s shading data and equipment performance modeling software with CPF Tools now makes it even easier for any professional selling and installing residential solar to create an optimal solar system design.”

Learn more about Clean Power Finance’s promotional offer for CPF Tools and financing of the Solmetric SunEye 210.

About Clean Power Finance

Clean Power Finance is driving the mass-market adoption of residential solar by building an online marketplace to connect the solar industry and the capital markets. The company provides solar professionals, manufacturers and distributors with access to residential financing and easy-to-use solar sales quoting and design tools. For investors and lenders, the company makes it easy to invest in residential solar projects. Funded by Kleiner Perkins Caufield & Byers (KPCB), Google Ventures and Claremont Creek Ventures, the company was started in 2007. To learn more about how we can accelerate the growth of your business, please visit www.cleanpowerfinance.com.

About Solmetric

Solmetric is the leading provider of precision design software and hardware to the solar industry. Their flagship product, the SunEye™ 210, creates professional-grade shade analyses that ensure precise solar production forecasts. To learn more about Solmetric please visit www.solmetric.com.

Media Contact
Alison Mickey
Schwartz MSL
(415) 512-0770
cleanpowerfinance@schwartzmsl.com