Tag: financing
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Innergex Renewable Energy acquires 315-MW solar project in Texas
Innergex Renewable Energy Inc. has acquired a sizable 250 MW AC/315 MW DC solar project located in Winkler county, Texas, from Longroad Energy Partners, LLC. Full notice to proceed with construction was issued last week and commercial operation should be reached in the third quarter of 2019. Financial close forRead More — Solar Builder magazine
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MCE ready to pay out more than $1.8 million in net metering payments
MCE Clean Energy’s annual cash-out process for rooftop solar customers is currently underway, offering more than $1.8 million in check payments to purchase the excess solar electricity generated by customers. “We’re proud to support over 10,000 solar customers in the Bay Area, and we’re grateful to them for adding 100%Read More — Solar Builder magazine
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Financial floodgate: This new exchange opens up a $5 billion C&I solar financing network
The C&I solar stalemate — with massive development potential on one side, and available but complex financing on the other – might finally be ending thanks to a clearer path to action. That path is the first finance exchange platform for C&I solar, which will allow developers and installers toRead More — Solar Builder magazine
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CleanFund eases C&I PACE financing with new partner program launch at Intersolar
CleanFund is unveiling a new SolarPACE Partner Program along with other new tools, resources and partnerships designed to foster growth in the commercial solar industry at Intersolar July 10-12, booth 7119. The SolarPACE Partner Program will provide additional levels of support for commercial project developers, such as tools and resourcesRead More — Solar Builder magazine
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IRS releases solar Investment Tax Credit qualification guidance
The Internal Revenue Service (IRS) released guidance establishing when construction starts for solar projects under tax law, allowing developers to invest with confidence in new solar projects. “The IRS has taken an important step forward with this guidance and provided certainty that will help solar project sponsors finance and buildRead More — Solar Builder magazine