tax equity

December 1, 2021
Major US bank Wells Fargo has closed its maiden tax equity investment into a colocated solar-storage project currently under construction in New Mexico, US.
August 7, 2020
‘Solar Module Super League’ member First Solar has aimed to double down on manufacturing with the sale of its O&M division, having kickstarted discussions around the future of its EPC business.
April 20, 2020
US-based independent power producer (IPP) sPower has closed a US$350 million tax equity commitment from banking giant Wells Fargo to support its Spotsylvania Solar Energy Center project.
May 2, 2019
Asset manager secures funding for California’s Springbok 3 and eyes commercial debut in June, eight months after buying the project.
December 18, 2017
The solar investment tax credit (ITC) has survived a major round of tax reform in the US but demand for credits generally could fall.
March 15, 2017
Residential solar service provider Sunnova Energy announced Tuesday that it has secured US$80 million in tax equity funding commitments from US Bancorp Community Development Corporation (USBCDC), a division of US Bank.
November 15, 2016
Salt Lake City-headquartered IPP sPower has completed a US$434 tax equity investment and construction loan for a combined 183MW of solar projects in Kern County, California.
November 8, 2016
Neo Solar creates a new IPP for PV projects, Vivint Solar secures US$200m in tax equity, OneRoof closes new fund, and Mexico to small-medium-scale residential solar t by 71%.
October 25, 2016
Tax equity has been hailed the ‘biggest hold back for the market so far’ according to Sunnova CEO John Berger, and other finance experts.

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