Abstract
Global warming and energy independence are problems of this century which many countries have been trying to resolve. Being a clean energy, solar power is the key project for many countries, where the governments establish “Feed-in Tariff, FIT) to promote solar power’s construction. With increasing market demand, solar power industry has been booming for several years. The Solar Photovoltaic industry is still emerging industry. Many governments have developed Solar Photovoltaic incentive policies to stimulate the growth of this industry. Due to rising and fluctuant energy prices, solar power plants are favored in many countries. Meanwhile, financial institutions have started financing the solar power plants through securitization. This will help not only to reduce the construction cost but also enhance its liquidity. With the situation having changed rapidly, solar cell manufacturers in Taiwan are forced to consider the possibility of producing outside Taiwan, establishing strategic alliance to find the solution of improving solar cell efficiency, and boarding the distribution, and leveraging the source of finance. "This transaction is a breakthrough and will pave the way for others, but its greater significance is the validation of the quality of SolarCity's assets," said Bob Kelly, SolarCity's chief financial officer. The present study explores the SolarCity’s new business and financing module, securitization which gives SolarCity access to a new source of capital at a lower cost. With the induction of strategies of SolarCity's full-service model—including design and installation process and quality, system performance against forecasts, servicing standards, procedures and history, solar cell manufacturers in Taiwan may consider the possibility of securitization in Taiwan.. Finally, the research utilizes the SOWT to analyze the value of adopting the securitization strategies for the Solar Photovoltaic industry in Taiwan.