Also on the rise: A 500 MW pumped storage project gets seed money from California, supply chain issues are pushing up prices and delaying projects, and Pine Gate Renewables completes a 108 MW project in North Carolina.
Sun Streams 2 is one of four Arizona projects that Longroad acquired from First Solar. The PV and storage portfolio totals roughly 900 MW with the potential for 1-2 GWh of battery storage.
The out-of-pocket cost for a solar power system can be pretty high. We take a look at bank loans, on-the-spot finance, third-party ownership, and the benefits of using cold, hard cash.
Preliminary results for a handful of companies suggest that commodity price rises are having an impact on earnings.
Promising a 5-to-15% increase in returns for utility-scale solar projects, Sunfig’s SIFT can evaluate multiple layouts, site conditions, performance goals, and financial models to deliver a range of project configurations.
Also on the rise: Jinko Solar and Maersk agree to work to ease shipping bottlenecks; and House and Senate bills target interstate rights-of-way for clean energy development, EV charging, and high-speed internet.
Also on the rise: FirstSolar investment targets social equity gaps, BlackRock gains backers for a clean energy finance vehicle, Hull Street acquires developer Foundation Solar, and Koch Strategic Platforms invests in an energy storage tech firm.
Also on the rise: A big solar + storage project in New Mexico secures construction financing, and racking and tracker company OMCO Solar offers a business update.
Also on the rise: Crossover Energy inks deal with KKR, EPRI to address extreme weather reliability issues, Nautilus Solar buys community solar projects, LS Power completes solar asset acquisition, and VDE takes a stake in testing firm RETC.
PV project developers can make their mark in the coming years with a sound strategy for ensuring their projects are acquisition-ready.
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