A Silicon Valley credit union upped its bet on solar energyThursday, increasing its commitment to fund loans for installingsolar panels on homes.

Technology Credit Union of San Jose, Calif., said it will commit$400 million a year to a loan program offered through SunlightFinancial, a New York company that specializes in 5- and 25-yearloans originated by its network of solar installers. The commitmentwill fund about 15,000 loans, or about $26,700 per loan.

Tech CU ($2.4 billion in assets, 91,452 members) announcedinvestments in September 2015 and May 2017 for a combined $500million.

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Jim DuPlessis

A journalist for decades.