4. Innovative Financing
In November, SolarCity issued a $54.4 million solar asset-backed financing package that pooled solar contracts from more than 5,000 installations. The notes carry a 4.8% interest rate and are scheduled to mature in December 2026.
The property-assessed clean energy (PACE) project in the US helps home and business owners afford costs of investments in energy efficiency and renewables by paying for them over say 20 years through a special tax levied on the property.
Companies like SunFunder and Solar Mosaic, have helped finance small-scale projects for sub-$100,000 projects through crowd-funding. This type of funding is customized to consumer needs and addresses a gap left by traditional financial institutions.
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Regenerative agriculture is an approach to farming that focuses on restoring soil health, enhancing biodiversity, and improving ecosystem functions. Unlike conventional farming, which often depletes…
Natural coral reefs and underwater habitats have been damaged by pollution, overfishing, and climate change. To help restore marine life, people create artificial reefs using…
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