Tag: financing
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LevelTen’s Q2 PPA Pricing Index shows solar prices decreasing
Renewable PPA prices have been a closely-guarded secret for years, only available to those willing to fork over thousands for the data. In their mission to make renewable energy procurement more transparent, LevelTen Energy is bucking the trend. This week, LevelTen Energy released its Q2 PPA Pricing Index. What does this mean?Read More — Solar Builder magazine
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Vivint Solar closes on $811 million in new financing (largest securitization of residential PPAs ever)
Vivint Solar has closed on $811 million aggregate principal amount of debt financing comprised of two separate transactions. The first is a capital markets issuance by its wholly-owned subsidiary, Vivint Solar Financing V, LLC, of $466 million aggregate principal amount of Solar Asset Backed Notes, Series 2018-1. The offering wasRead More — Solar Builder magazine
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CleanCapital with yet another 10+ MW solar portfolio acquisition
CleanCapital announced a second solar acquisition from G&S Solar, a New York-based developer that builds, develops and operates solar systems in multiples states in the Northeast. The 10.2 MW portfolio comes less than a month after the acquisition of a 14.3 MW portfolio from X-Elio. This new portfolio is comprisedRead More — Solar Builder magazine
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New Belgium Brewing donates $100,000 to GRID Alternatives
New Belgium Brewing is donating $100,000 to GRID Alternatives to support its mission to make solar technology accessible to low-income communities, while providing pathways to clean energy jobs. New Belgium has supported GRID Alternatives since 2015 and this latest up-front charitable contribution will be distributed equally ($50,000 each) to theRead More — Solar Builder magazine
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Department of Energy puts $3 million into contest to boost solar manufacturing
Amid rumors of a wild nuclear bailout plan, the Department of Energy isn’t totally forgetting about solar, launching the American-Made Solar Prize competition to revitalize U.S. solar manufacturing. The program will support entrepreneurs as they develop transformative ideas into concepts and then into early-stage prototypes ready for industry testing. EntrepreneurialRead More — Solar Builder magazine