27 Sep '16, 9am

Community-scale solar can power corporations, too

Community-scale solar can power corporations, too

Third, community-scale solar delivers nonfinancial benefits. Corporations can buy part of the solar electricity production from a shared solar system, giving employees or members of the local community a chance to buy the remaining clean electricity. Such a corporate approach to shared solar can help to build a company’s external brand awareness and strengthen its internal culture. Corporations with a strong credit rating also can lend that payment reliability to support low- and moderate-income households’ access to solar, especially if they offer to play the role of a variable off-taker. For example, if a household defaults on its payments, the volume of electricity sold to the corporation can be increased. This reduces revenue risk for project sponsors and capital providers.

Full article: https://www.greenbiz.com/article/community-scale-solar-ca...

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