HomeNewsLoan Included “solar Box”

Loan included: “Solar in a Box”

Photovoltaics
28. June 2012

Sunedison, an international EPC contractor, and Fiditalia, a consumer credit company controlled by Société Générale Group, have reached an agreement to facilitate the installation of residential PV plants in Italy.

The cooperation offers Sunedison’s customers the opportunity to obtain Fiditalia’s financings for the purchase of a Sunedison “Solar in a Box” PV system. The loan may cover a partial or full amount and the repayment plan is customized up to a maximum of 15 years, with the first installment to be paid once the system has been installed and obtained the required legal authorisation.

Sunedison is renowned for its large scale installations. “Solar in Box” is a new concept and Sunedison’s first PV solution for homeowners and small and middle-sized companies. “Solar in Box” contains all the components a system needs and a total of 15 performance categories, ranging from 2 to 65 kWp and consisting of groups of either 2 or 3 PV modules.

The agreement with SunEdison is part of Fiditalia’s strategy to expand in the renewable energy sector, considered strategic for its interesting growth potential in the medium-long term. “A photovoltaic facility is an advantageous investment from many points of view,” said Alain Hazan, Fiditalia Deputy CEO. “In particular, the facility permits to increase the property value, lower electricity bills and sell excess energy generated, with revenues higher than the initial installation expense.” Fiditalia is one of the main consumer credit companies in Italy, operating in the market for more than 30 years. The company offers customized financial solutions and grants loans to families.

Bodo Höche

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