Solar energy bonds

Is solar energy a green bond?

Fortunately, solar energy is generally perceived as solidly green and is a critical component in broader efforts to increase renewable energy generation and reduce carbon emissions. Certain guidelines have also emerged as influential in the green bond market.

What is a solar bond?

Solar bonds are municipal revenue bonds issued to provide low-interest financing for lower-cost accelerated development of local renewable energy technologies such as solar power. The first solar bond authority was drafted by Paul Douglas Fenn, creator of Community Choice Aggregation, and approved by San Francisco, California voters in 2001.

Who can invest in a solar bond?

Solar Bonds are open to both individual and institutional investors who meet some basic qualifications. SolarCity is America's largest solar provider, serving 285,000 customers and counting. Anyone can switch to clean, more affordable energy with us every 3 minutes. This is about providing the same opportunity for everyone.

Are solar energy projects eligible for green bond financing?

Fortunately, existing green bond standards clearly identify solar energy projects as an eligible sector for green bond financing. One prominent certifier of green bonds, the Climate Bonds Initiative, sets forth sector-based criteria for the acceptable use of green bond proceeds.

Should solar energy investors invest in green bonds?

As the green bond market continues to develop, solar energy industry participants can benefit from a synergy between green bond investor demand and inherent industry characteristics, such as a desire to support investment and growth in renewable resources and reduce CO 2 emissions.

Why should one invest in solar bonds?

Solar Bonds offer investors a chance to participate in the high-growth U.S. solar industry with the controlled risk of bonds, backed by SolarCity, America's largest solar company. Your investment in Solar Bonds helps SolarCity harness more clean, abundant solar power and supports a cleaner, brighter future.