Featured in Approaching the peak – 04-2013

More pie for all

Financing: The new industry consortium truSolar is working to create a FICO score-type rating system to evaluate the risks and bankability of U.S. commercial solar projects. Could such a system increase capital, reduce financing prices and significantly grow the market?

By

pv magazine

04 Apr 2013

As solar equipment prices have fallen, the cost of project financing has remained lofty, making up a growing percentage of total solar project costs. And those high prices are only for projects lucky enough to qualify for financing at all. Plenty of projects can’t even get those high rates. “There’s a real lack of capital …

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