OpenSolar, Mosaic to integrate solar sales, financing platforms

Sydney, Australia-based OpenSolar Inc and US residential solar financing platform Mosaic have teamed up for a more streamlined process in which solar installers across the US can sell their product, the companies said on Thursday.

OpenSolar is a software firm that offers installers a free-to-use design and sales platform while deriving revenue from its various partner affiliates. Mosaic, in turn, provides swift financing options for customers that are referred by approved solar installers and home improvement contractors. The company recently surpassed USD 6 billion (EUR 5.3bn) in loans funded.

The two will be integrating their platforms to allow solar installers to provide their customers with competitive financing options to purchase solar as part of the sales proposal without the need to use multiple applications and sign-ins. According to the firms, the integration is already proving to convert more leads to closed sales in less time.

“Mosaic’s integration with OpenSolar’s end-to-end design and sales platform enables us to service more installers and in turn, more homeowners as they make the switch to clean energy,” said Mosaic founder and chief executive Billy Parish.

(USD 1 = EUR 0.883)

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