This week's Movers & Shakers features executive board shake-ups; with both new appointments and departures. PV Tech also reports on happenings in Chile's Renewable Energy Association, as the country emerges as a strong clean energy player in Latin America.
A number of finance experts have confirmed that securitisation may be feasible in the near future for the US solar market, due to the maturity and low-risk nature of the industry.
Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
Leading US installer SolarCity has completed its fifth securitisation of distributed solar PPA and lease assets — standing as the company’s sixth securitisation transaction overall.