18 Nov '13, 4pm

Solar and Energy Efficiency Securitization Emerge

Solar and Energy Efficiency Securitization Emerge

“I think, ultimately, securitization through the asset-backed market is the only thing we can do to achieve large scale,” said Cisco DeVries, president and CEO of Renewable Funding. He said it is crucial to get the secondary market to scale to reach national and state solar power and energy efficiency goals. Many stakeholders are working in parallel to develop securitization approaches. Some are combining solar and energy efficiency financing into one package. Others are beginning to securitize solar power and setting up the groundwork to support this practice in the industry. A program in N.Y. is focusing solely on energy efficiency. So far, solar-only programs have been proceeding on a separate track from programs that combine solar power and energy efficiency or only focus on energy efficiency. Michael Mendelsohn, a senior financial analyst at National Renewable Energy ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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