Category: Green & Clean
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Ginlong Solis is expanding, plans to raise $100M to double string inverter production
Ginlong Technologies has plans to raise over $100 million USD through a non-public offering to finance the expansion of its manufacturing capacity. Facing a rise in the global string inverter market, Ginlong will use these funds to double its production capacity of Solis products to 20 GW per year. ThisRead More — Solar Builder magazine
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Spruce Finance is growing fast, gobbles up Clearway Energy’s entire residential solar portfolio
Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the U.S., has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest to date and the latest example of the company’s residential solar asset “growth by acquisition” strategy in theRead More — Solar Builder magazine
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EnerBank USA streamlines its home improvement financing via Leap partnership
EnerBank USA announced strategic partnership this week with point-of-sale application Leap. Solar and home improvement contractors using Leap can now use a single tool to build estimates, proposals and contracts; and securely apply for financing and receive an immediate credit decision through the EnerBank integrated portal. “The Leap/EnerBank partnership willRead More — Solar Builder magazine
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Cal Flats solar PV project insures its production with kWh Analytics’ Revenue Put
Solar risk management firm kWh Analytics structured a Solar Revenue Put as part of the refinancing of the 173-MWdc Cal Flats 130 PV facility in Monterey County, Calif. The facility is owned and operated by Capital Dynamics, an independent global private asset management firm. The Solar Revenue Put is a creditRead More — Solar Builder magazine
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Cal Flats solar PV project insures its production with kWh Analytics’ Revenue Put
Solar risk management firm kWh Analytics structured a Solar Revenue Put as part of the refinancing of the 173-MWdc Cal Flats 130 PV facility in Monterey County, Calif. The facility is owned and operated by Capital Dynamics, an independent global private asset management firm. The Solar Revenue Put is a creditRead More — Solar Builder magazine