
Chapter 38
SolarBank
Michael T. Eckhart
President, American Council on Renewable Energy (ACORE), Washington DC, USA
This is the story of developing SolarBank, which has not yet been
finished.
Perhaps someday there will exist as a global source of low-
cost capital to finance the solar energy revolution. SolarBank will
support lenders all around the world by purchasing solar loans
they have made to local companies and end users, and by providing
training, technical standards, and insurance products to support the
widespread financing of solar energy projects.
The idea for a SolarBank first came up in 1978, when I was
working for the management consulting firm ...