Financing Solar Renewable Energy Projects

Law360, New York (July 26, 2011, 1:36 PM EDT) -- Although more and more property owners are considering generating the electricity they need by placing solar renewable energy projects ("REPs") on their rooftops, up-front construction costs for the REP can pose a problem for many.

So, how can a property owner finance a REP? One answer is for the property owner to secure a traditional bank loan — but what can be offered as collateral?

A cutting-edge issue in the green industry is the use of the solar renewable energy certificates ("SRECs") which are generated by...
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