Greetings,
Big news: The Solar Revenue Put has now been structured on $1B of solar capacity.
By 2025, McKinsey & Company estimates that the burgeoning solar power industry will require $1 Trillion of investment capital to finance the construction of new solar power plants. The Solar Revenue Put enables banks to efficiently finance solar assets, thereby reducing the cost of solar and accelerating solar adoption at scale.
kWh Analytics and Swiss Re Corporate Solutions have announced an insurtech collaboration to continue accelerating solar adoption.
CEO of Swiss Re Corporate Solutions North America Ivan Gonzalez said, “This agreement establishes an entirely new category of risk management products based on kWh Analytics' industry-leading solar power plant data repository.”
Former CEO of Experian and kWh Analytics board member Van Skilling added, “We need more creative partnerships like this one, that craft entirely new product categories by combining fresh sensor data with proven risk capital. This is true innovation. The importance of the Solar Revenue Put to our local, national and global communities in accelerating the adoption of clean energy and reducing climate change is obvious.”
Below, you’ll find select highlights from this quarter. And as always, reach out with any questions on solar risk management.
Regards,
Richard Matsui
Founder & CEO
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The Solar Revenue Put has become the market standard:
31 lenders now value the Solar Revenue Put.
15 lenders have successfully used the Solar Revenue Put to improve their competitiveness.
As reported in PFR, Reinsurance News, and a post by Swiss Re Corporate Solutions' CEO, the Solar Revenue Put has now been structured on $1B of solar assets.
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kWh Analytics CEO Richard Matsui appeared again in Norton Rose Fulbright's latest Current podcast to discuss insights from kWh Analytics' Lendscape, how many banks are currently active in solar, what that means for the market, and how many are lending in the community solar segment. Listen to Ep80: kWh Analytics' Solar Lendscape: 2020 Update.
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The latest: Adam Browning: The Michael Jordan of Solar Policy. Meghan Schultz: The Mary Lou Retton of Solar Finance. Julien Dumoulin-Smith: The Prefontaine of Energy Analysts.
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The Solar Lendscape catalogs the solar industry’s most active lenders, including their check sizes, target market segments, and product type. Lendscape was recently featured on Norton Rose Fulbright's Currents podcast. Listen here.
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We closed out 2019 by celebrating an office move and welcoming insurance veteran Jamie Brache to the team! Now we're on the lookout for mission-driven, entrepreneurial project finance professionals and data scientists.
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