More than a month after Hurricane Maria devastated Puerto Rico, nearly 80 percent of the island remains without power, and food and water can be tough to find. As we rally to help the survivors and look to rebuild, we owe it to the victims there and in hurricane-ravaged Texas, Florida and elsewhere in the Caribbean to build more resilient infrastructure and prevent and reduce such destruction.
2017 has set a record for solar securitizations, after several new players entered the field.
The combined asset-backed securitizations (ABS) for solar loans, leases and power-purchase agreements (PPAs) broke the $1 billion mark this year, following the close of a record-setting offering from Mosaic in late October. Solar financiers are demonstrating new levels of market interest in these products, which free up capital for new solar loans and leases.
MAPLE SHADE, NJ — Unless you have been living under a rock, you have undoubtedly seen our trademark bright yellow signs popping up all over the state of New Jersey. As proud new owners of solar systems stick them in their yards and solar specialists excitedly place them in high trafficked areas. We are in the business of spreading the good news of solar savings.
Solar power can reduce the cost of heating your home and your hot water. The sun is full of free energy power and will save you money each month on your electric bills. Using solar power for your home will reduce your dependence on your electric company and you will save on the high rising cost of electrical power from conventional means.
In the 1980s, leading consultants were skeptical about cellular phones. McKinsey & Company noted that the handsets were heavy, batteries didn’t last long, coverage was patchy, and the cost per minute was exorbitant. It predicted that in 20 years the total market size would be about 900,000 units, and advised AT&T to pull out. McKinsey was wrong, of course. There were more than 100 million cellular phones in use in 2000; there are billions now. Costs have fallen so far that even the poor — all over world — can afford a cellular phone.