Exchanges where companies and investors can buy and sell renewable energy credits has helped to boost solar in states such as New Jersey. And the idea has now enticed a San Francisco, venture capital-backed startup, Clean Power Finance, to adopt the model to launch a new type of credit trading service to fund home solar roof projects.
Clean Power Finance already offers other financing products for solar developers to use to pay for installing solar panels. But with the new service, installers or project investors who need financing can sell the renewable energy credits associated with their projects to Clean Power Finance to help fund future projects. Clean Power Finance then sells those energy credits to customers, such as utilities, who use the energy credits to meet their renewable energy goals. The startup is acting as sort of an energy credit broker.
Clean Power Finance is moving ahead of some…
Lihat pos aslinya 396 kata lagi