De Lage Landen, Kyocera Launch Kyocera Solar Finance



Kyocera Solar announced the launch of Kyocera Solar Finance, a program designed to provide loan and lease options to consumers seeking light commercial and mid-to-large commercial installations. In partnership with De Lage Landen Financial Services, Kyocera Solar Finance will offer up to 100% financing for qualified borrowers.

Based on familiar lease, rental and purchase agreements, Kyocera Solar Finance offers two financing solutions: loans and tax leases, both with distinct advantages. For projects U.S. $10 million and lower, the loan option enables the end user to own the system outright, retain tax benefits and any qualifying local subsidies. Still relatively unique as a solar system financing model, a loan is an option for buyers seeking to benefit from long-term ownership of a 30-plus year energy system while not paying cash for the system up front.

Starting at U.S. $500,000, the tax lease model is a practical structure where an end user hosts the system, directly benefits from the energy produced and rents the system from De Lage Landen through the Kyocera Solar Finance Program. De Lage Landen will work with pre-qualified applicants to determine final terms of their financing arrangements based on the end-user’s credit quality and the need to cash flow lease or loan payments against avoided utility costs and incentive based revenue.

Japan-based Kyocra Corporation, the parent of the Kyocera Group, is a global supplier of printers, copiers, solar power generating systems, telecom equipment, electronic components, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2012, the company’s net sales totaled USD 14.5 billion.

To link to full text of Kyocera Solar news release,
click here.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com