Last week, Haresh Patel, CEO of Mercatus Inc, a software solutions and management services company for energy investors, was in New York to discuss the current state of renewable energy industries at the 12th Annual REFF-Wall Street Conference. Their Energy Investment Management (EIM) software has processed over 50 GW of renewable energy power at the utility, commercial and residential scale. He… Keep reading →
A push to allow MLPs for renewables could add hundreds of billions in investment. A bill that would allow clean energy projects to leverage master limited partnerships, which are used by the oil and gas industry, was reintroduced in the Senate on Wednesday. “Congress should level the playing field and give all sources of domestic… Keep reading →
Citigroup Inc. recently pledged $100 billion for lending, investing, and facilitating deals related to sustainability, renewable energy, and climate change mitigation. This is yet another sign that global capital markets are enormously interested in delivering capital into clean, renewable sources of energy. But you don’t have to be Citigroup to invest in the clean energy… Keep reading →
Landmark Solar YieldCo between First Solar and SunPower from Shutterstock. Vertically integrated solar developer superpowers and competitors First Solar and SunPower are partnering on a solar project YieldCo. This somewhat surprising announcement from the rival firms comes after several quarters of reluctance (or patience) in entering a YieldCo structure — either individually or jointly. The market… Keep reading →
Last week saw the completion of two exciting finance transactions that will increase investment in and reduce costs for clean energy projects. In the first transaction, Renovate America, announced that it raised $50 million in venture capital funds to expand operations. The San Diego-based company develops residential Property Assessed Clean Energy (PACE) programs, which allow… Keep reading →
