Interview: Financiers are cautious. They would rather not finance a project than risk their investment in betting on the weather. As a result, many promising projects are not realized. Gwendalyn Bender, Vaisalas Product Manager for Solar Assessment Services explains how to reduce uncertainty and improve financing probabilities and conditions.
Spruce Finance, which provides consumer financing for residential solar and energy efficiency projects, has raised a total of $445 million in tax equity and project debt transactions to support its activities in 2017.
The latest round of financing brings the total raised in 2016 to $165 million, which allows the company to pursue an aggressive growth strategy moving forward.
It was not a pretty year for solar finance, but some sectors remained unscathed.
The Canadian asset manager’s latest offer is in line with TerraForm’s early January deadline for bids, and includes both buy-out and sponsorship options.
The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.
The latest data from online solar marketplace provider EnergySage echoes other national trends in finding that installers are increasingly moving back to cash purchases, especially at smaller companies.
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.