Originally published at ILSR.org An advocacy group in Boulder, Colo. has made the case for why utilities, not customers, should be responsible for the cost of retiring fossil fuel assets. For this episode of the Local Energy Rules podcast, host John Farrell speaks with Leslie Glustrom, an advocate with Clean … [continued]
As clean energy advocates urge retirement of fossil fuel power plants, securitization has become a billion-dollar word with huge implications for who will pay for and who will own the clean energy future.
How much should we invest in renewables by 2040 to make the electricity sector compatible with a 2°C scenario? $12.1 trillion, says BNEF. Data released last week by BNEF and CERES on the occasion of the 2016 investor summit on climate risk suggest that $12.1 trillion of renewable energy investments could be … [continued]
Originally posted at ilsr.org. In 16 months, the solar industry faces the end of the line for the 30% federal tax credit. The Investment Tax Credit will fall to 10% for businesses and to zero for residential solar customers. Some have called this the “solar cliff.” There may be a … [continued]
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]
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]
The recent U.S. residential housing and mortgage market collapse gave securitization a bad name, but the practice of aggregating and dicing up residential solar PV system leases and commercial solar power purchase agreements (PPAs) is bound to play a role in solar and renewable energy finance going forward.
