PV Talk: Sandhya Ganapathy, CEO of EDP Renewables North America, tells Will Norman why corporate hunger for clean energy is driving demand for solar in the US.
US solar and storage developer Strata Clean Energy has secured a US$300 million revolving loan and letter of credit facility to develop its diversified project pipeline of over 17GW.
Total corporate funding in solar increased 190% in the first nine months of this year, with US$22.8 billion raised in 112 deals compared with US$7.9 billion in 72 deals in the same period last year, according to a Mercom Capital Group report.