October 2023
By: Vahan Khodanian and Gwenneth O’Hara
Tips for Lenders
“With strong growth and increasing state and federal incentives, the solar energy industry presents a unique market opportunity for lenders willing and able to maneuver through the regulatory and other hurdles facing the industry. This article will examine the industry’s growth and offer tips for lenders seeking to participate in this active market. The Growth of the U.S. Solar Energy Market Favorable federal policies, declining costs and increasing demand for clean energy in both the public and private sectors have resulted in significant growth over the last decade. This growth has continued despite myriad difficulties stemming from the COVID-19 pandemic, such as supply chain issues and labor shortages. ”
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