What Every Commercial Lender Should Know about Solar on Mortgaged Property | Solar Power World

As solar panel deployment becomes more prevalent, commercial lenders will increasingly encounter buildings, fields and parking lots covered in photovoltaic systems. When calculating mortgages for commercial properties, lenders will be in one of three scenarios: The property owner owns the solar panels; the property owner leases the roof, field or parking lot to a third-party for solar panel installation; or the property owner leases the solar array through a power purchase agreement (PPA) without owning the panels or system.

Each scenario carries distinct implications for lenders, which are important to understand to navigate solar-related financing…

Read the full story at Solar Power World: https://www.solarpowerworldonline.com/2024/10/what-every-commercial-lender-should-know-about-solar-on-mortgaged-property/