News, Analysis and Opinion for the Informed Boulder Resident
Sunday August 9th 2020

Support the Blue Line

Subscribe to the Blue Line

That's what she said

city council transportation energy municipalization xcel housing urban planning april fools bicycles climate action density election 2011 affordable housing boulder county open space election renewables agriculture CU local food climate change election 2013 development youth jefferson parkway pedestrian election 2015 preservation Rocky Flats election 2017 recreation BVSD mountain bikes immigration boards and commissions plan boulder farming fracking GMOs transit urban design decarbonization planning board fires colorado politics wildlife land use smart regs downtown architecture new era colorado transit village parking homeless journalism plutonium natural gas ghgs commuting radioactive waste rental coal height limits taxes april fools 2015 walkability historic preservation energy efficiency historic district Neighborhoods diversity zoning population growth growth students North Boulder flood arts gardens education University Hill water supply bus election 2010 solar election 2018 nutrition RTD sprawl water quality election 2012 groundwater bike lane electric utility safety library april fools 2016 renewable energy affairs of the heart organic flood plain wetlands planning reserve zero waste mayor blue line electric vehicle ballot right-sizing street design transportation master plan obama hazardous waste county commissioners politics hogan-pancost longmont colorado legislature climate smart loan diagonal plaza campaign finance flood mitigation bears Mapleton solar panels PV recycling comprehensive plan golden conservation easement epa boulder junction pesticide congestion food drought road diet oil bus rapid transit commercial development inequality election 2016 flooding planning daily camera public health community cycles BVCP ecocycle Newlands automobile PUC climate change deniers children david miller ken wilson sam weaver community league of women voters wind power public spaces boulder creek crime mlk civil rights west tsa marijuana technology arizona Orchard Grove EV green points al bartlett Whittier city attorney

Solar Finance Roundtable


By

Friday, November 4 event in Boulder at St. Julien Hotel hosted by Colorado Bankers Association & Colorado Solar Energy Industries Association to uncover ways to make it easier to finance solar

More than one hundred solar energy and banking executives and policymakers are joining forces in Boulder this Friday to address one of the biggest barriers in the solar marketplace — the lack of widespread availability of financing.

With billions of dollars at stake in the growing renewable energy sector, industry and community leaders are hosting a ‘Solar Finance Roundtable’ event Friday, November 4 at 1pm at the St. Julien Hotel in Boulder to better understand what’s causing this barrier, and what can be done about it.

While solar leases and power purchase agreements are becoming more common today, industry leaders estimate that hundreds of solar companies across Colorado still lack sufficient access to capital to help finance customer solar projects as well as internal growth. Those who do find financing can face risk premiums and higher interest rates. The Solar Finance Roundtable will explore why this has been such a problem and will seek to uncover the emerging market solutions.

Solar Finance Roundtable panelists include executives from JP Morgan Chase, Wells Fargo, FirstBank, Syndicated Solar, RE-Align Technology, Skyline Innovations, and others. The event is produced by the nonprofit Colorado Solar Energy Industries Association and the Colorado Bankers Association.

“Solar finance is one of the fastest growing sectors of the renewable energy marketplace,” said Neal Lurie, Executive Director of the Colorado Solar Energy Industries Association. “The need is clear but the availability of financing for solar projects or operational growth lags far behind customer demand. The Solar Finance Roundtable is one of the first events of its kind in Colorado, bringing solar and finance executives together to help unlock this billion dollar market opportunity.”

Despite the challenging economy, the few dozen solar businesses that have solid financing in place are experiencing tremendous growth. In Colorado, solar projects financed and owned by third-party organizations have quickly grown to be 50% of the residential solar electric market and an even larger part of the commercial and utility segments – though much of this growth has been limited to relatively few well-financed organizations.

It’s been even more difficult to find financing for solar thermal projects. According to researchers at NREL, solar thermal water heating performs better in Colorado than in any other state in the U.S.

The Solar Finance Roundtable includes presentations by industry leaders, panel discussions, networking, and is open to the public. For more information or to register visit: www.coseia.org

Rate this article: 1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

What do you think? Leave a comment!

You must be logged in to post a comment.