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.
A new generation of solar panels made from a mineral called perovskite has the potential to convert solar energy into household electricity more cheaply than ever before, according to a study from Briain’s Exeter University.
Super-thin, custom-colored panels attached to a building’s windows may become a “holy grail” for India and African countries, Senthilarasu Sundaram, one of the authors of the study, told the Thomson Reuters Foundation.
“In those countries these types of material will be like a holy grail: they can both shade windows … and at the same time produce electricity,” he said.