Finance

The company closed two facilities to execute on its project pipeline of distributed and small utility-scale solar projects. March 13, 2023 Navisun, an independent power producer and solar asset owner, announced it has secured up to $235 million in debt financing through two separate facilities. The financing is expected to help the company scale its …

Solar asset owner-operator Navisun secures $235 million in funding Read More »

Silicon Valley Bank, one of the nation’s largest, was closed by the FDIC on Thursday night after $42 billion in withdrawals occurred after a massive stock drop due to ongoing losses in the bond market. March 13, 2023 Thursday night, Silicon Valley Bank (SVB) was put into receivership by the U.S. Federal Deposit Insurance Corporation …

BREAKING: Silicon Valley Bank financed 62% of community solar Read More »

The renewable energy industry is eagerly awaiting guidance from the Internal Revenue Service (IRS) to provide guidance on the wide set of rules and regulations that surround the $369 billion in incentives contained within the Inflation Reduction Act. One provision awaiting clarity to proceed is transferability, or the sale of tax credits. However, the market is …

Inside transferability, or selling renewable energy tax credits Read More »

While electricity pricing continues to rise due to natural gas pricing in 2022, some locations are starting to see pricing fall, implying that base electricity pricing and escalators in financial models may be out of touch with reality. March 9, 2023 As we learned in 2022, the price of natural gas in Germany is a …

Volatile electricity markets should give solar financial modelers pause Read More »

Maxeon module shipments of 734 MW were above ROTH MKM Partners’ estimate of 699 MW, and a 27.2% improvement over 577 MW shipped in Q4 2021. March 9, 2023 Solar module manufacturer Maxeon Solar Technologies posted Q4 2022 earnings with strong revenue generation of $324 million, slightly ahead of the market consensus $316 million, and …

Maxeon posts Q4 2022 revenue beat, increased shipments, stock up 44% Read More »

With increasing capital commitments, there is now a shift to minority investments and emergent technology subsectors. pv magazine evaluates the M&A outlooks provided by CohnReznick Capital and FTI Consulting. March 7, 2023 CohnReznick Capital Markets shared that the 2o23 U.S. renewable energy market is expected to be defined by the the juxtaposition of tremendous momentum …

Renewables merger and acquisition strategies are shifting Read More »

Banyan Infrastructure is raising a $25 million Series B equity round from Energize Ventures, SE Ventures and Elemental Excelerator to digitize the manual process of procuring project finance between banks, investors and project developers. March 7, 2023 Clean energy investments are still held up by the manual process of compiling spreadsheets, emailing documents and an …

Distributed generation finance platform raises $25 million Read More »

In some instances, the cost of insurance could exceed 25% of annual operating and maintenance expenses, said insurance broker Marsh. The firm offers five actions to properly evaluate risks and drive portfolio growth. March 6, 2023 As the renewable energy sector matures, headwinds remain in the ability of project sponsors to identify and analyze risks related to …

Five actions for effective renewables finance risk management Read More »

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Sunrise brief: Renewable energy institutional investment goes mainstream Read More »

Term Loan B funding may be a multi-trillion-dollar pool made available to renewable energy development. KeyBanc managing director Andrew Redinger shares his view of the evolving market in a white paper. March 3, 2023 Renewable energy’s share of electricity generation has grown 42% from 2010 to 2020, said the Center for Climate and Energy Solutions, …

Renewable energy institutional investment has gone “from niche to mainstream” Read More »