Tag: financing

Commercialization, Renewable Energy

Primergy Secures $588M in Project Financing & PPA with Microsoft for 408 MW Solar Project in Texas

March 13, 2024

Via: CleanTechnica

Primergy Solar LLC (‘Primergy’), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. […]

Commercialization, Renewable Energy

AES sells interest in 1.3 GW portfolio of solar and wind capacity

January 4, 2023

Via: Renewable Energy World

Hannon Armstrong Sustainable Infrastructure Capital said it closed two new investments in grid-connected renewable energy assets developed, owned and operated by AES. Hannon Armstrong will make a common equity investment in a roughly 1.3 GW portfolio of operating solar and […]

Commercialization, Renewable Energy

Global Market for PPAs Supports Renewable Energy Projects

January 3, 2023

Via: Power Magazine

Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some governments, notably India, are using PPAs to move away from coal-fired power […]

Commercialization, Renewable Energy

Ascent Solar lines up equity-based financing

December 28, 2022

Via: Renewable Energy World

Thin film PV maker Ascent Solar Technologies lined up an equity-based financing facility of up to $50 million from two institutional investors. Under terms of the agreement, Ascent issued $12.5 million in convertible advance notes and another $2.5 million in […]

Commercialization, Renewable Energy

Leeward Renewable lines up financing for two solar pv projects

November 28, 2022

Via: Renewable Energy World

Dallas-based Leeward Renewable Energy said it closed around $420 million in construction-to-term financing from MUFG Bank Ltd. and a $195 million tax equity commitment from Wells Fargo for its Big Plain Solar Facility in London, Ohio and its Oak Trail […]

Commercialization, Conventional Fuels

Canada Bank Group Pledges Millions Toward Nuclear Power Project

October 26, 2022

Via: Power Magazine

The Canadian government has pledged more financing toward development of a grid-scale small modular reactor (SMR), as the country continues to support nuclear power as a way to cut emissions of greenhouse gases from its power generation sector. Natural Resources […]

Energy Consumption, Global

Financing renewable energy in developing economies

December 3, 2021

Via: Renewable Energy World

In 2015 at the United Nations Assembly, 17 Sustainable Development Goals were established. The purpose of the Sustainable Development Goals is to make sure that everyone has a better and sustainable future. One of them was coined SDG7 and aims […]

Energy Economics

US ROUND-UP: Shoals IPO raises billions; Sunnova claims industry-first solar financing package

February 4, 2021

Via: PV Resources

A round-up of the latest news from the US solar market, as Shoals Technologies’ upsized IPO raises north of US$2 billion and Sunnova claims an industry first financing offer. Shoals Technologies raises US$2.2bn in upsized IPO 29 January 2021: Shoals […]

Domestic, Energy Consumption

US ROUND-UP: Recurrent Energy lands financing, Major US corporates back ITC

July 23, 2020

Via: PV Resources

A round-up of recent news from the US, where Recurrent Energy moves closer to completing two Texas projects and major corporations call on Congress to pass measures to bolster green energy growth. Recurrent Energy secures funding for Texas solar projects […]

Commercialization, Renewable Energy

OPIC provides US$25 million financing for Africa and Asia off-grid solar fund

September 26, 2018

Via: PV Resources

US government development finance institution Overseas Private Investment Corporation (OPIC) has committed US$25 million in financing to a fund managed by off-grid solar firm SunFunder, which will provide loans to companies developing off-grid solar products and solutions for Sub-Saharan Africa […]

News and Policies, State

NYC Building Owners Back Plan Cutting Energy Use 20% by 2030

August 17, 2018

Via: Energy Manager Today

Major real estate companies in New York City are supporting an ambitious plan to reduce energy in large buildings by 20% by 2030. The nonprofit Urban Green Council’s 80×50 Buildings Partnership published a report this week detailing how NYC stakeholders […]

Commercialization, Renewable Energy

SolarCity back in growth mode with US$160 million financing

January 27, 2016

Via: PV Resources

SolarCity appears to be back in growth mode with the agreement of a US$160 million financing deal for residential rooftop arrays. Prior to the confirmation of the investment tax credit extension, the company said it was changing strategy. Read More […]