Tagged Finance

QPM’s TECH Project debt financing process advancing well

Queensland Pacific Metals Ltd is making great progress with its debt financing initiatives for its northern Australian-based TECH Project. The post QPM’s TECH Project debt financing process advancing well appeared first on Innovation News Network. Partner News Critical Raw Materials PP Queensland Pacific MetalsBrought to you by: EV Driven Read Full Article Here For more…

Bifacial Gains and RM10EVO: An Unparalleled Combination RM10EVO shows higher % gains vs. commonly used 10-degree systems with wind deflectors.

By Sponsored Content By Unirac, Inc. Bifacial PV modules are a smart financial decision. As the energy industry changes, the cost of solar energy continues to decline. With the increasing demand for more efficient sources of renewable energy, innovators are turning to bifacial PV module technology to keep costs low. Several years in development, the…

Lightsource bp lines up tax equity support for solar portfolio

By Renewable Energy World Lightsource bp said it closed on a $267 million tax equity investment from Wells Fargo & Co. The investment is in addition to Lightsource bp’s sponsor equity investment and complements a debt financing package that closed in December 2021. Wells Fargo’s investment is expected to support construction and operation of a…

Longroad starts work on Arizona solar+storage project

By Renewable Energy World Longroad Energy said it lined up financing and started work on Sun Streams 3, a 285 MWdc PV and 215 MWac / 860 MWh storage project in Maricopa County, Arizona. Sun Streams 3 is expected to begin commercial operations in 2024, and has a long-term Power Purchase Agreement with Arizona Public…

Lender plans 50% boost of its clean tech finance pool to $30b

By Renewable Energy World Pittsburgh-based PNC Financial Services Group said it plans to expand its environmental finance commitment from $20 billion to $30 billion. The bank first announced in August 2021 a commitment over five years to support environmental finance. Since then, PNC said it has completed $9 billion in environmental financing. The bank said…

County commissioners discuss wind energy taxes #WY

By National Wind Watch The tug-of-war between counties in Wyoming that are home to wind turbines, the State Department of Revenue and independent energy producers over ad valorem taxes is back before the Legislature. Counties appear to have the power to win the fight. At stake is the amount of ad valorem taxes wind energy…

Construction underway on 107-MW Ohio solar project

By Billy Ludt Construction has started on the 134-MWDC/107-MWAC Arche Solar project in Fulton County, Ohio. Arche is expected to create around 200 U.S. jobs across the supply chain during construction and provide more than $30 million in revenue to benefit local schools and other public services over the life of the project. Oil and…

2023: Expect a financial crash followed by major energy-related changes

By [Energy Central] Gail Tverberg Why is the economy headed for a financial crash? It appears to me that the world economy hit Limits to Growth about 2018 because of a combination of diminishing returns in resource extraction together with rising population. The Covid-19 pandemic and the accompanying financial manipulations hid these problems for a…

Sunrun secures $600m to back a 335 MW portfolio of leases and PPAs

By Renewable Energy World Sunrun said it closed a $600 million non-recourse syndicated bank facility supporting a 335 MW portfolio of leases and power purchase agreements. The Senior Credit Facilities consist of a $575 million amortizing loan and a $25 million debt service reserve letter of credit. The company said it also closed an additional…

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

By 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 wind projects located in Arizona, California, New York, South Dakota, Utah,…

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