Solar financing is still a relatively new phenomenon but it's come a long way in just the last few years. Berkshire Hathaway recently sold $1 billion in financing for a utility-scale project, and SunPower and SolarCity are two of the leasing leaders who have developed financing that brings in tax equity.
The next step is securitization, REITs, and MLPs, which may not be far off. Motley Fool contributor Travis Hoium covers where the industry has been and where it's going in the video below.
Solar isn't the only technology transforming the energy industry. There are a few companies making domestic energy both cheaper and more abundant and the Motley Fool is offering a comprehensive look at three energy companies set to soar during this transformation. To find out which three companies are spreading their wings, check out the special free report, "3 Stocks for the American Energy Bonanza." Don't miss out on this timely opportunity; click here to access your report -- it's absolutely free.
The article Financing Is Key to Solar Industry Growth originally appeared on Fool.com.Fool contributor Travis Hoium manages an account that owns shares of SunPower and personally owns shares and has the following options: long January 01 2015 $7 calls on SunPower, long January 01 2015 $5 calls on SunPower, long January 01 2015 $15 calls on SunPower, and long January 01 2015 $25 calls on SunPower. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.