Renewable energy platform Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US.
US developer Origis Energy has secured a loan that will help it progress with its pipeline of more than 20GW of solar, PV-plus-storage and standalone storage projects.
Canada-based PV project developer and EPC Grasshopper Solar has secured a new round of project finance from Deutsche Bank to enable further PV power plant construction and ownership.
The Trump administration's 30% tariff on imports of solar cells and modules will result in modules cost increases of 9-10¢/W in year one, reducing to 3-4¢/W in year four, according to separate analyses by GTM Research and Deutsche Bank.
Reports surfaced on Monday of former managers at one of the largest US solar companies Sunrun claiming that they manipulated key sales data around the time of the company’s 2015 initial public offering (IPO).
New analysis from Deutsche Bank reveals that even if President-elect Trump follows through with all his anti-clean energy promises surrounding the Clean Power Plan, the Paris Agreement and the ITC, all is not lost for the US clean energy industry.
The Clean Power Plan has been killed by Republicans and is now pronounced dead, a group of finance experts have said, who also agree the ITC extension could be next.
