Tag: financing
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OCI Solar’s San Antonio-based Project Ivory sold to D.E. Shaw Renewable Investments
Marathon Capital announced the sale of OCI Solar Power’s 66 MWdc in-construction solar project — Project Ivory — to D. E. Shaw Renewable Investments (DESRI). OCI Solar Power funded the project’s construction entirely on its balance sheet prior to the sale to DESRI. The project is anticipated to reach commercialRead More — Solar Builder magazine
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Solar Lendscape report shows increased investor interest in community solar
kWh Analytics released a free resource profiling 28 tax equity investors for developers looking to raise capital. The Solar Lendscape catalogs the industry’s most active debt and tax equity investors, including details on check size, target market segments, and product type. The industry’s first Solar Lendscape was released in JuneRead More — Solar Builder magazine
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New York to fund $40 million in solar + storage projects
New York Governor Andrew M. Cuomo is making $40 million in funding available to support solar projects that integrate energy storage, accelerating progress toward New York’s energy storage target of 1,500-megawatts by 2025. These projects will build toward Governor Cuomo’s mandate that 50 percent of the state’s electricity come fromRead More — Solar Builder magazine
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SEIA updates Solar Tax Manual for first time since 2016
Known throughout the industry as the must-have guide for solar tax and finance issues, the Solar Energy Industries Association (SEIA) is now releasing Version 9.0, the first comprehensive update of the SEIA Solar Tax Manual since 2016. Among several updates, the new guide incorporates the commence construction guidance issued byRead More — Solar Builder magazine
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Open Energy’s Finance Exchange has already funded $65 million in solar projects
A $35 million solar loan matched between a lender and developer by Open Energy, an innovative solar financing solutions provider, was funded its last month. Open Energy paired a solar developer with the most competitive finance terms in the market across its new Finance Exchange, which we profiled here, forRead More — Solar Builder magazine