Are corporates ready to invest in solar? Rethinking the value proposition
In this op-ed for pv magazine, Mike Mendelsohn and John Harper look at issues with the supply of tax equity financing for solar deployment.
U.S. solar investment remains sluggish in Q1 2018
BNEF’s latest report on global clean energy investment trends finds a second quarter of slow investment in solar, with the U.S. market remaining interrupted.
Global solar power funding slows during Q1, 7.7 GW of assets change hands
Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
CleanCapital secures $250 million in equity to pursue acquisitions
The company says that the funding will enable it to acquire $1 billion in solar assets.
Residential PACE program expanded California residential solar market 12%
The R-PACE program, between 2010-2015, added 1.1 W of solar power per capita overall to larger cities in the Californian market. The Berkeley analysis suggests many of the projects wouldn’t have been built otherwise.
Coal bankruptcy burns 8Point3 on 20 MW solar power contract
FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.
Sunlight Financial raises $225M for residential solar loans
The residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.
Sunnova raises $100 million in equity
The Texas-based residential solar company has partnered with a group that focuses on long duration investments. Sunnova has raised more than $2.5 billion since 2012.
Credit Suisse to launch €500 million green bond issue to back U.S. solar projects
The Swiss bank will utilize the proceeds to refinance construction and operation of U.S. solar projects, and this could be the first of several issuances.
RGS Energy seeks $10M to commercialize Powerhouse solar shingles
RGS Energy, which bought global rights to Dow’s Powerhouse 3.0 solar shingles, has seen its timelines slip for UL certification of the product.
