Google Inc. and SunPower Corp. today announced a new program that will provide financing to support approximately $250 million of residential solar lease projects.

Both companies are investing in the program, with Google committing up to $100 million and SunPower committing approximately $150 million. Thousands of homeowners are expected to finance solar power systems through SunPower solar leases as a result of this program, joining approximately 20,000 Americans already leasing from SunPower, the companies said

See Google's blog for more