Solar Project Financing
Edision Capital Leasing will bridge utility scale and large net-metered solar project developers, throughout the US, with predefined long-term investors. Our partners are specifically searching for solar project developers to acquire their fully permitted, “shovel ready” projects with anticipated construction start dates within 30-90 days from acquisition. The typical project profile is a ground mount PV project consisting of 3-50 DC MW of capacity.
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Solar Facts September 2014:- The U.S. Solar market enjoyed a solid Q2, with photovoltaic (PV) installations topping the gigawatt mark for the third consecutive quarter to settle at 1,133 megawatts (MW).
- This performance represents 21% growth over Q2 of last year and brings cumulative installed solar capacity to 15,900 MW.
- Through the first half of the year, 53% of all new electric capacity installed has come from solar. With over 42,000 installations in 2014 Q2, more than half a million homes and businesses have now gone solar.
- Through the first half of 2014, a new solar project has been installed every 3.2 minutes.
- The average price of a residential PV installation in Q2 2014 was $3.92/watt, 41% lower than 2010.
- Since the second quarter of 2010, the average price of a solar panel has declined by 64%.
- Over 6,500 MW of PV is forecasted to come online in 2014, representing 36% growth over 2013's record installation levels.