TPO and Solar leasing

Ateneo Innovation and Entrepreneurship "New ideas create more and better new products and services; create more wealth."

Repost from Green Energy in the PHL | May 24, 2013

For as early as 2010, TPO (Third Party Ownership) and leasing was a non existent industry.  Thanks to 2 Stanford graduates (Stanford has a lot of contribution to technology and innovation) who founded SunRun, TPO is now an industry practice and standard.  It enabled increase uptake on solar ownership in USA.

The duo of Lyn Jurich and Ed Fenster  found out that the 3 major obstacles to PV ownership was:   money, money, money.  Therefore the solution was to finance the ownership through leasing and third party ownership