A Few Rays of Light on Solar Power Financing

A Few Rays of Light on Solar Power Financing The future of solar energy relies on framing the issue in a way that makes sense to investors. In the roughly three hours that I spent in the 19th-century dining hall, the amount of sunlight that hit the Earth's surface is enough to power the entire world for three years. It's hard to believe why the same arguments couldn't be made to real estate owners, mall operators or municipalities to solve the issue of financing. But framing the issue in the right way is vital. While financing has been hard for large-scale projects, as new players such as Japanese pension funds and global insurance companies start to see the potential of solar power as a tangible and investable asset, the forecast is starting to look fantastic. But to get financing for a large project, any investor will need to undergo a lengthy process of understanding each tiny aspect in order to minimize risk. With an almost indefinite number of ways a solar power projects could go wrong, you have to believe that your way of managing the project is the right way, because there seem to be no precedents. Conversely, with the economics working in favor of solar power, the industry is getting ready for an installation boom. S. But if projects are presented as a way of contributing to generating energy in the community while saving money, the same project will be regarded as simply a better interpretation of the old gospel of power generation. His trademark smile radiates a mixture of inner peace, profound thoughts and a warm generosity. Thanks to the emergence of new production technologies and blessed by a Chinese ambition to become a global player in the field of solar power generation, the cost of generating electricity by using photovoltaic cells has been driven down each year for the past decade. Hanging on one of the walls in the grand dining hall in the Desmond Tutu Conference Center is a painting of the archbishop himself. I look at the ceiling toward the end of the seminar and conclude that had it not been for the unique Gothic architecture, there surely would've been solar panels already fitted on the roof. Everything we need to start financing solar power on a larger scale is here. A Few Rays of Light on Solar Power Financing Trade News selected by Local Linkup on 03/07/2012