Growth comes in all shapes and sizes. For SolarCity it was the full stack of residential offerings and large corporates with public credit. Now comes the last remaining aspect of the US solar market, small and medium commercial. Reading between the lines, the company is looking to get into unrated and private credits. The press release is heavy on simpler technology and in-house crews but that’s only a cost item. The last SolarCity ABS still had a FICO average in the 700s and the strategy has to be more than lower costs and scale. SolarCity is planning something else to combat the financial structuring, let’s see where it goes.
- Los Angeles Times: SolarCity launches plan to bring solar power to small and midsize firms
- Bloomberg: SunPower Beats Estimates After Forming Solar Joint Venture
- Charlotte Observer: Let’s remember the benefits of N.C. renewables
- Huffington Post: The Secret Network of Fossil Fuel and Utility Backed Groups Working to Stop Clean Energy
- Engadget: Researchers boost solar energy by tapping infrared light
- PV-Magazine: China idled 9% of its solar capacity in H1 2015, NEA reports
- Vox: Yet another study finds that reducing carbon emissions saves Americans money
- Christian Science Monitor: For those without electricity solar is shining brighter
Opinions
Have a great day!
Yann