Financing

Solar Developer Heelstone Gets Investment From Ares, Launches Rebranding

Heelstone Energy, a utility-scale solar developer, received an investment from Ares Management Corp.’s infrastructure and power (AIP) strategy. Concurrently, Heelstone Energy has rebranded to...

Mosaic, SunTrust Bank Form Solar Financing Partnership

Mosaic, a provider of solar financing solutions for homeowners, has announced a strategic loan origination partnership with SunTrust Bank. The partnership focuses on solar loan...

NY Green Bank Highlights Q2 Solar Commitments

NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), has announced strong results for the second quarter,...

NADB Green Bond Finances Solar And Wind Projects

The North American Development Bank (NADB) has published the impact results of its first green bond, issued in 2018. The bond’s total net proceeds...

Risk Mitigation: Six Steps To Achieve Successful Renewable Energy Projects

Owners and contractors who are building renewable power and energy construction projects must carefully develop, at project inception, a comprehensive understanding of the key...
texas

New Texas Tax Law A Boon For Renewable Energy Development

Gov. Greg Abbott, R-Texas, recently signed into law H.B.3143, which will extend the life of the Chapter 312 abatement program in Texas. This will...
safari

Safari Energy Offers New Solar Financial Solution

New York City-based solar partner Safari Energy has launched a new solar financial solution. Through the acquisition of solar projects, Safari Energy partners with...

Five-Year Solar ITC Extension Proposed In House And Senate

Two companion bills have been introduced in the House and Senate to call for an extension of the solar investment tax credit (ITC). The Renewable...

Bill Proposes Clean Energy Victory Bonds

U.S. Sen. Tom Udall, D-N.M., and U.S. Reps. Zoe Lofgren, D-Calif., and Doris Matsui, D-Calif., have introduced bicameral legislation to give Americans the opportunity...
tax credit

SEIA Leads Industry-Wide Effort To Expand Solar ITC

Nearly 1,000 companies across the U.S. solar industry supply chain have sent a letter to Congress to call for the extension of the Section...

kWh Analytics Closes Solar Revenue Put For 23 MW Invenergy Project

Solar risk management company kWh Analytics has announced a contract for differences (CFD) supported by the Solar Revenue Put. The Solar Revenue Put is...
residential solar

Spruce Finance Acquires Hefty Residential Solar Portfolio

Houston-based Spruce Finance, an owner and operator of distributed solar and residential energy assets in the U.S., has acquired a significant portfolio of residential...

N.Y. Launches Challenge To Modernize Grid, Boost Renewables Integration

Gov. Andrew M. Cuomo, D-N.Y., has announced the first round of funding for the $15 million Future Grid Challenge, a program to help solve...
citi financing

GameChange Secures Financing From Citi

GameChange Solar, a provider of fixed-tilt racking and tracker equipment, has closed new financing with Citi Commercial Banking. GameChange says the asset-based working capital line...

New York Funds Energy Storage On Long Island

Gov. Andrew M. Cuomo, D-N.Y., has announced a funding opportunity for both residential and commercial energy storage on Long Island. The program will be...
chris holden

California Budget Earmarks $2.1M For Solar Nonprofit

Gov. Gavin Newsom, D-Calif., recently signed California's 2019-20 state budget, which allocates $2.1 million for the Claremont-Pomona Locally Grown Power solar initiative. The funding...
clean-energy-investment

Pennsylvania Awards Environmental Education Grants

The Pennsylvania Department of Environmental Protection (DEP) has awarded funding for several renewable energy education initiatives. First, in Clearfield, Pa., the Moshannon Valley School District...

Omnidian Raises Capital To Expand Solar Protection Plan

Omnidian, a nationwide provider of residential and C&I solar system protection plans and performance guarantees, has announced a $15 million capital raise. The round...
wells fargo

Wells Fargo Announces Leadership Transition For Renewables Financing

Wells Fargo has announced leadership transitions for its renewable energy and environmental finance business, which is part of the company's commercial capital business. Barry Neal...

Twenty U.S. Senators Push For Solar ITC Extension

Twenty Democratic U.S. senators are urging Senate leaders to support an extension of solar energy tax credits. In a letter to Senate leaders Mitch...

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