December 10, 2024 – BayWa r.e., a global leader in renewable energy, has partnered with PayKeeper, the leader in conditions-based payment software. The partnership will onboard BayWa r.e. onto PayKeeper’s payments platform, which has revolutionized how solar contractors manage several crucial aspects of their finances, including accounts receivable, accounts payable, and supplier lines of credit.
PayKeeper’s best-in-class automated escrow platform offers conditions-based payments designed to hold and release funds securely throughout each stage of a solar project. By integrating this technology, BayWa r.e. will streamline client payment processes, minimizing financial risk and supporting timely project completion. This integration will improve cash flow management, delivering a simplified payment experience that increases financial confidence for contractors and customers alike.
This partnership reinforces BayWa r.e.’s commitment to setting industry standards for quality and dependability in renewable energy solutions while establishing PayKeeper as the leader in secure, escrow-based financial technology. BayWa r.e. and PayKeeper aim to create a more stable and transparent financial foundation in the solar industry, benefiting contractors and customers and supporting the growing demand for renewable energy across the United States.
See PayKeeper’s full announcement of its partnership with BayWa r.e. here.
“We are thrilled to announce our new partnership with PayKeeper and expand our financial service offerings. This collaboration will empower our customers to streamline cash flow and reduce their accounts receivable efforts. By integrating PayKeeper’s innovative financial solutions with BayWa r.e.’s distribution expertise, we are providing installers with the tools they need to focus more on what matters most—delivering high-quality solar and energy storage projects. This partnership underscores our commitment to supporting the solar industry and ensuring that installers have the resources they need to grow and succeed in an increasingly dynamic market.”
– Ken Lima, CEO of BayWa r.e. Solar Distribution
“We couldn’t be more excited about our partnership with BayWa r.e.! BayWa r.e. has long been a leader in solar distribution, known for their incredible innovation and unwavering commitment to the solar industry. By combining PayKeeper’s cutting-edge financial automation tools with BayWa r.e.’s distribution expertise, we’re creating a seamless way for solar installers to streamline cash flow and minimize accounts receivable challenges. It’s all about giving installers more time and resources to focus on delivering exceptional solar and energy storage projects. BayWa r.e.’s dedication to supporting the solar industry aligns perfectly with our mission, and together, we’re ensuring installers have what they need to thrive in this rapidly growing market. We’re thrilled to lead this innovation together.”
– Kelly Curtis, CEO, PayKeeper
About BayWa r.e.
BayWa r.e. Solar Distribution is a leading renewable energy company with a focus on providing sustainable energy solutions across North America. As part of the global BayWa r.e. group, the company offers a full range of services including project development, distribution, and operational support for solar and wind energy projects.
BayWa r.e. Solar Distribution supplies residential and commercial solar installers in the United States with quality solar + storage components, forecasting, business planning advice, and a community of experts. Visit www.solar-distribution.com to engage with our team, read our industry insights articles, and stream our Solar Tech Talk podcasts and recorded webinars on YouTube and Spotify. Follow us on LinkedIn and Facebook to stay connected. Ask us about our Financing Program and use our industry-leading Webstore to save time, get gear shipped, and get jobs done!
Part of the BayWa r.e. Global family of renewable energy companies.
