Energy

Innovative investments in energy efficiency and renewables

<<< Continued from

4. Innovative Financing

Financing has been playing a stellar role in advancing renewable energy. Notable contributions in 2013 include securitization of renewable energy assets, leasing of on-site power plants and crowd-sourcing of funds for investing in small scale solar projects.

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.

1 2 3 4 5 6 7 8 9 10

Continue reading >>>

Shailesh Telang

Shailesh is post graduate in Environment Management from Forest Research Institute (FRI) University, Dehradun, India. Presently he is working in the areas of Environmental and Renewable Energy Advisory Services. He has started GreenCleanGuide.com during his college days.

View Comments

Published by

Recent Posts

Energy Attribute Certificates (EAC): A Key to Tracking and Promoting Renewable Energy

As the world continues to transition toward cleaner energy sources, the need for systems that can track, certify, and validate the renewable origin of electricity…

1 week ago

Here’s why “Blue Carbon” maybe the missing link in the crucial fight against climate change

The carbon that marine ecosystems absorb and store is known as "blue carbon." The well-known idea of "green carbon," which describes the carbon retained by…

1 week ago

Unlocking Soil Potential: A Farmer’s Guide to Soil Testing in India

Introduction Soil testing is a crucial practice in modern agriculture. It assesses soil health, nutrient levels, and pH balance, enabling farmers to make informed decisions…

4 weeks ago

Green Thumb, Marathi Style: Your Mobile’s Eco-Adventure Awaits!

Ever wished your mobile phone could do more than just send memes and crush candies? Well, buckle up, because we're about to take your mobile…

11 months ago

Environmental Impacts of Bitcoin and other Proof of Work (PoW) Mining Activities

As of 2023, 106 million people worldwide had bitcoins but the currency's influence on the environment is disproportionate. The primary method of cryptomining, known as…

1 year ago

Cultivating a Sustainable Future: Top Ten Green and Clean Habits to Teach Children

In today’s modern world, where environmental issues are becoming more and more important, teaching kids to be environmentally conscious and eco-friendly is crucial to building…

1 year ago