Market Analysis Insights

A Peek into YieldCo’s Relative Cost of Capital: An Analysis of a Recent Transaction

By Lang Reynolds

YieldCos represent a surging trend in renewable energy finance and a valuable innovation to access relatively low-cost capital for the right players. Along with securitization and other financial innovations, YieldCos represent a critical pathway to support renewable energy project deployment and market growth past incentive expirations.

Travis Lowder's picture

Residential Solar and the Uniform Commercial Code: A Primer on Solar-Financiers’ Rights in a Home Foreclosure

U.S. residential solar PV has been growing at a breakneck pace. Annual installations have increased nearly five-fold in the past five years and, in 2014, surpassed annual commercial capacity additions for the first time in the history of PV market tracking.

Best Practices Guides Now Available

SAPC Mock Term Sheet Available

Loans vs. Leases

CREST Unlocked!

A Deeper Look into Yieldco Structuring

By: Marley Urdanick

1603 Data Lifts the Veil On PV System Performance

In the world of photovoltaic (PV) finance, historical performance data—or the lack thereof—stands as an obstacle to the risk assessment and credit evaluation of solar installations.

Michael Mendelsohn's picture

Tapping Underserved Solar Markets: Can We Extend Solar Deployment into Customer Sectors with Lower or No Credit?

Distributed solar deployment is often a game of off-taker credit. That is, behind-the-meter project success depends largely on whether the end-use customer has credit sufficient to support a long-term power contract or lease.

Travis Lowder's picture

New NREL Report Explores Solar Securitization

A flow chart of a generalized solar securitization transaction

Figure 1. Generalized solar securitization transaction. Green arrows represent cash flows, blue arrows indicate structuring [2]