Fast coexist reports Elonmasch's latest new ideas

November 22, Science and technology blog Fast Coexist reported Ellon Masc (Elon Musk) The latest new ideas, this time not about hardware inventions, but on finance, Musk for his SolarCity solar company found a unique new financing options.

The reason for this is that some people predict that the solar company will destroy traditional electric power companies, but it is not easy, at least to install the panels on the roofs of homes, or buildings, and then it will take a long time to maintain so that they can continue to convert the solar energy into usable power. It will take a long time to see the benefits after spending a lot of manpower and resources, which is clearly not what investors would like to see, which means that solar companies need better financing programs to attract investors ' eyeballs.

In the long run, companies like Sunrun, Sungevity and SunPower do not want to be part of the hardware sector. They prefer to stay in the energy sector, which has a fixed cash flow and profitability model. Now the traditional energy industry (such as electricity, natural gas, etc.) has a fixed customer base, these customers do not want to cancel their existing energy services. So solar companies need an agreement to prove that they can provide safer models for residential and commercial buildings so that users will be willing to pay for solar modules from their roofs.

It will be a long time before the agreement is used to assure users that the safety of new energy is not easy. But Musk energy company SolarCity recently issued a statement saying it was not impossible. SolarCity has been approved to sell a new type of bond that will be a milestone for solar companies in the financial sector. The company, with 68,000 of its existing contracts with users, will raise $54.4 million from private investors. This way of financing by contract agreement is to advance the company's future potential into cash. Currently Standard Poole (Standard & Upgraded ' s) has endorsed the business model.