The Energy Department’s National Renewable Energy Laboratory (NREL) recently convened the Banking on Solar working group to engage lenders and other stakeholders to address financial barriers for the installation of rooftop solar systems.

Banking on Solar comprises more than 60 members representing the solar, banking, legal, regulatory, and financial industries. The group’s principal effort is to standardize contracts and underwriting processes, as well as educating banks and regulators about the risks and rewards of the solar asset class.

The Banking on Solar working group is operating in parallel with the SunShot Initiative-funded, NREL-led Solar Access to Public Capital (SAPC) working group. SAPC is designed to facilitate capital market investment via securitization.

Banking on Solar participants include:

1. Admirals Bank
2. AFC First Financial Corporation
3. American Bankers Association
4. Bank of America Merrill Lynch
5. Blank Rome LLP
6. Bloc Power
7. Bridge Bank
8. Callahan & Associates
9. Capital City Bank
10. Capital Fusion Partners
11. Citi
12. City University of New York
13. Clean Fund
14. CleanPath
15. Clean Power Finance
16. The Climate Bonds Initiative
17. Coalition for Green Capital
18. Community Development Financial Institutions Fund
19. Congressional Bank
20. Connecticut Clean Energy Finance and Investment Authority
21. Digital Federal Credit Union
22. DLA Piper
23. Energi
24. Energy Programs Consortium
25. Energy Sense Finance
26. Enphase
27. Environmental Defense Fund
28. Greater Cincinnati Energy Alliance
29. Harcourt Brown & Carey
30. HelioPower
31. Independent Community Bankers of America
32. Kilowatt Financial
33. K&L Gates LLP
34. Latham & Watkins LLP
35. Lawrence Berkeley National Laboratory
36. LendKey Technologies
37. M-Core Credit Corporation
38. McHenry Savings Bank
39. MJM Consulting
40. Mosaic National Cooperative Bank
41. Nautilus Solar
42. New York Green Bank
43. New York State Energy Research and Development Authority
44. NextEra Energy
45. OneRoof Energy
46. Patton Boggs
47. PNC
48. R&R Consulting
49. Rabobank
50. Renovate America Inc.
51. Rocky Mountain Institute
52. Sandia National Labs
53. Self Help Credit Union
54. Skadden, Arps, Slate, Meagher, & Flom LLP
55. SolarCity
56. Solar Energy Industries Association
57. Sungage Financial
58. SunPower
59. U.S. Bancorp
60. VectraBank
61. Wiser Capital
62. Zions Energy Link