SOLAR MONEY NEEDS STANDARDS

Solar Energy Finance Association emerges on the scene

Lea Lupkin, July 22, 2015 (GreenBiz)

“...[Where solar] assets produce reliable cash flows, backed by the good credit of customers…[they] can be pooled and traded as liquid capital. In order to profit from this great opportunity for solar growth, investors and consumers demand standards and consistency from the industry…The Solar Energy Finance Association [SEFA] is one of several leaders shepherding in an era of solar standards…[and] the only association that focuses on solar distributed generation (DG) finance. Its flagship initiative involves overseeing [standard lease and power purchase agreement (PPA) contract documents]…The association consists of around 36 members and represents a majority of players in the market in terms of number of installations…[including] SolarCity, SunRun and Clean Power Finance…All of the major DG installers and facilitators in SEFA have adopted the standard contracts…[but] it will take a while to integrate across the businesses…” click here for more

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