Solar Asset Securitisation

Originally published by the Rocky Mountain Institute by James Mandel At the end of November, SolarCity issued the first publicly known solar asset-backed securitization (ABS), selling $54 million of bundled cash payments. It was a major milestone that many in the distributed solar industry have eagerly awaited. ABS provides a … [continued]

Could Securitization Democratize Solar Power?

  After Wall Street popularized the term “mortgage-backed securities” in its destruction of the economy in 2008, you could be forgiven for thinking “solar securities” are a pyramid scheme. But, in truth, they may hold the key to democratizing the financing and the ownership of distributed renewable energy. Right now, … [continued]