Tumbling solar-plus-storage costs could see the hybrid technology become a money saver for US firms grappling with expensive legacy coal portfolios, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Utilities shutting down coal units ahead of their end-of-life point and replacing them with renewables, stand to reap savings in the “hundreds of […]
Spruce Finance Gets Second Act as Owner and Operator of Home Solar Assets
Having exited the residential solar loan and origination market last year, California-based Spruce has shifted to buying existing portfolios of projects. Spruce Finance, now a residential solar owner and operator, left the solar loan and origination market last year. Instead, the company said it’s been focused on growing its mergers and acquisitions platform. On Wednesday […]
How Power Market Structures are Driving Demand for Energy Storage Investment
On March 19, ACORE hosted an invite-only, executive meeting in Washington, D.C. to discuss evolving business models for energy storage and hybrid projects. Participants in the event, Aligning Market Incentives to Facilitate Financing and Deployment of Energy Storage, ranged from senior-level financiers to corporate offtakers, utilities, developers and wholesale markets. MISO, ERCOT, PJM and Grid Strategies kicked off the meeting with a […]
PFS partners USICEF for financing solar projects
Infrastructure finance company PFS has joined hands with the US-India Clean Energy Finance (USICEF) to leverage funds for solar projects in India. It is an innovative facility which presents PFS with an opportunity to finance and deploy high-impact development projects which can contribute in achieving India’s distributed energy target of 40 GW by 2022, PFS […]
Solar Finance and Role Of NBFCs In India By FCS Shweta Gupta
NBFCs Do Matter! The Non-Banking Financial Companies (NBFCs) are playing a pivotal role in India’s growth story in recent years. With RBI relaxing the norms for NBFCs, there has been a spate of registrations. The financial needs of such a huge population are hardly catered to by a limited number of Banks and sensing this […]
Installation of 5MW Grid-tied Solar Photovoltaic System in the Greater Malé Region under Design, Build, Finance, Own, Operate, and Transfer Basis IFB No.: 002/017182
Installation of 5MW Grid-tied Solar Photovoltaic System in the Greater Malé Region under Design, Build, Finance, Own, Operate, and Transfer Basis IFB No.: 002/017182 For more information please see below link:
Is the Utility-Scale Solar Industry in a Finance Bubble?
“It can’t run red-hot forever.” Industry experts voice questions and concerns about dirt-cheap, shorter-term PPAs. The utility-scale solar market has gotten “frothy” in the last year and a half. A flood of new investors, like pension funds and insurance companies, now view solar as a stable asset. That “wall of money” going after a smaller […]
Bloomberg NEF: Solar Investment Declined 24% in 2018, but Capacity Reached Record Levels
According to Bloomberg New Energy Finance, investments in clean energy once again exceeded $300 billion in 2018. Solar investment fell in 2018, according to new data out from Bloomberg New Energy Finance, dropping nearly a quarter from 2017. At the same time, Bloomberg NEF said it was a record year for solar capacity, which topped […]
Will the Renewables Industry Seize the Opportunity of Opportunity Funds?
A new tax incentive could mean big money. But questions remain about its equity implications and whether the industry will use it. Clean energy advocates are working to raise awareness about a “giant money fire hose” made available to the industry starting this year. The glut of cash, tied to a portion of the federal […]
For Oil Majors Investigating Clean Energy, It’s About Balancing Risk and Return
“Most of them understand this is the future.” Oil and gas companies are used to taking big risks, but they’ve also grown accustomed to large payoffs. That paradigm doesn’t necessarily translate easily to the renewables market, where relatively low risk translates to low, but mostly guaranteed, returns. “That’s the key pushback we get when we […]