M&A is strong this year in solar, mostly due to the influx of Sunedison projects and pipeline that have hit the market. Minnesota community solar gardens are also entering into construction and operational phases, finally adding some MW in a new market. This M&A is still focused on development entities for the most part. The difference recently is that the development shops have some backers that could have the ability to lower the cost of capital, but that potential doesn’t appear to have happened quite yet. It doesn’t need to with the supply of pipeline creating plenty of potential. As corporates ramp up contracts, we may see some need to lower the cost of capital going forward.
- Reuters: SolarCity sued by Cogenra Solar and Khosla Ventures
- PV-Magazine: New York City sets new goals for solar and energy storage
- Renewable Energy World: Studied To Death — Solar Customers Don’t Harm Non-Solar Ratepayers
- PV-Tech: Microsoft commits to 50% renewable energy for data centres by 2018
- Solar Industry: NRG Signs Up Major Companies For Community Solar
- Think Progress: A majority of voters support Florida’s deceptive solar initiative
- Nasdaq: Edison International Unit Buys 22 Minnesota Solar Projects
- GreenBiz: Community-scale solar can power corporations, too
Opinion
Have a great day!
Yann