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I want to be able to invest in solar projects. These projects often have internal rates of return of 10%+. However, this involves 20 or 30 year contracts to b
by codecamper 10y ago
I want to be able to invest in solar projects. These projects often have internal rates of return of 10%+.
However, this involves 20 or 30 year contracts to buy power from you after you have made the initial investment to purchase /rent land and install the panels.
Wish there were a way to securitize those deals & allow us to trade them like bonds.
- durkie 10y agoSolar City used to (and night still) offer solar bonds that were exactly this. The future of these is a bit uncertain after their Tesla merger though. It sounds like they might be changing strategies
- burkemw3 10y agoLook at solar yield cos, the well structured ones just own the revenue stream
- codecamper 10y agotrouble with the solar yield cos is they have these "sponsors" But those guys are just PV manufacturers who are looking to boost their margins by installing PV and then charging their yieldco top dollar for those projects. It's an obvious conflict of interest. I've got some PEGI, which is mostly wind power that has less of this conflict of interest. However, I'd much prefer to simply invest directly in a solar project via a notes (lending club) sort of mechanism. Allow me to sell the notes on an aftermarket if I suddenly need money for another reason.