This week's Movers & Shakers features executive board shake-ups; with both new appointments and departures. PV Tech also reports on happenings in Chile's Renewable Energy Association, as the country emerges as a strong clean energy player in Latin America.
A number of finance experts have confirmed that securitisation may be feasible in the near future for the US solar market, due to the maturity and low-risk nature of the industry.
Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
Leading US installer SolarCity has completed its fifth securitisation of distributed solar PPA and lease assets — standing as the company’s sixth securitisation transaction overall.
December’s international climate deal in Paris offers PV a platform to become one of the world’s dominant energy sources. Now that the circus has left town, Ben Willis and John Parnell look at where the solar industry goes next to turn opportunity into reality.
