Making a Match: How Solar Companies and Banks Hook Up

The announcements are fairly frequent: SunPower Partners with Admirals Bank for $200 Million Solar Loan Program, Deutsche Bank to Lend $1 Billion for Japanese Solar Projects, Financing Partnerships Drive North Carolina’s Solar Boom.

The reasons for the deals are clear. Solar developers need money to build projects and rather than going to the bank again and again with deal after deal, it makes sense to have a financing partner and a set of criteria you need to meet already in place so that you can be sure the money will materialize when you need it.