Grouping solar projects into larger portfolios is certainly not a new practice. After all, placing smaller projects into larger project groups is often the only way some smaller projects can find financing. It can also save funding organizations money because it can rationalize costs by allowing companies to purchase materials (like panels and racking) in bulk, thereby bringing down the overall price of the project.
But 2020 was a challenging year for all solar, and it was especially so in the portfolio sector, where the complexity of doing such deals often put them out of reach for companies without the wherewithal, knowledge and expertise to get them done.
