Top Senate Democrat calls for permanent renewable energy, storage, EV tax credits
Senator Chuck Schumer is calling for permanent tax credits for clean electricity, storage and EVs as part of a set of demands for the form of any new infrastructure package. What does this mean for solar?
$200 million on the table for 8minutenergy in venture with J.P. Morgan
The solar developer today announced that it has reached a deal with J.P. Morgan and Upper Bay for over $200 million in capital commitments. These funds will go towards financing the development of 8minutenergy’s 10.7 GW project pipeline.
Wall Street staking claim for sustainable finance supremacy
Bloomberg has announced the formation of the U.S. Alliance for Sustainable Finance, a “Who’s Who” of Wall Street capital, aiming to work the the UN FC4S while pushing U.S.-focused clean investments.
“Wall of money” fighting for solar power
Wood Mackenzie notes that new investors and sources of capital are chasing down a limited supply of viable solar projects and sees tightening targets, expanding project appetite, and evolving techniques.
IRENA clarion call for G20 leaders may fall on deaf ears
In an advisory requested by Argentinian hosts, agency reports on the role solar can play in firing the energy transition up to 2050 – but was anybody listening?
Residential solar power interest rates headed down
Dividend Solar has received a preliminary rating on a portfolio of $103 million of residential solar power loans from KBRA. The presale report shows a history of decreasing interest rates over the past year across three portfolios offered by Dividend.
SunPower completes $400 million securitization
A subsidiary of the high-efficiency solar maker has closed on a bond issuance backed by 37,500 residential solar leases, with the notes paying 5.68% annually.
Goldman Sachs partners on 75 MW of distributed C&I solar and storage
Engie has received financing to continue deployment of up to 75 MW of distributed solar and energy storage in multiple states.
Insuring the cash flow of residential solar power
kWh Analytics has structured its Solar Revenue Put for a portfolio of 4,000 residential systems totaling 35 MW-DC, insuring the long term production of the portfolio to ease investor’s worries.
Careful money buys up Spruce Finance
HPS Investment partners has bought up the sixth-largest third-party solar provider, with board co-chair Christian Fong taking the reins as CEO.
