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.
Also on the rise: JinkoSolar says demand softened as polysilicon prices rose in Q1, battery EVs are forecast to rule the roads by 2050, and New York State issues site permits for two solar projects.
Also on the rise: iSun books EPC services contract for multi-site solar projects, Honeywell announces a battery energy storage platform, United Natural Foods buys into a 108 MW solar farm, and Secure Futures gains $25 million in equity finance to secure its future.
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