Featured in Burning ambition – 09-2012

Delivering finance

Interview: Data from the California Solar Initiative (CSI) indicates that as of April 2012, solar leases accounted for 75 percent of residential installations in the market, tracked by the CSI. Since 2007 Clean Power Finance (CPF) has been active in facilitating finance for residential solar leasing and third-party financed solar. pv magazine spoke with CPF’s Kristian Hanelt, to find out more about financial innovation in the sector.

We’ve all seen how the cost of financing a solar project is one of the biggest variables in determining the LCOE that solar PV arrays can produce. How challenging is it to secure finance on favorable terms? Broadly it’s a very big challenge. At this time and given where panel prices have gone, the cost …

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