Breaking Down the Federal Solar Tax Credit Before 2020 Step Down
As the Federal Solar Tax Credit is scheduled to step down in 2020, SolarTech is booking more solar installations than ever for Southern California customers wanting to get the full 30% credit. "The number one complaint that I hear from customers after they've gone solar is that they regret that they didn't do it sooner," said Robert Shaw, with SolarTech.
Verizon Seeing Green After $1B Green Bond Deal
Verizon Communications Inc.'s billion-dollar entrance into the green-bond market is fueling optimism that more U.S. corporations will begin tapping into the growing pot of money seeking to invest in sustainable projects.
How Utilities Can Swap Coal Debt For Clean Energy Equity
There are several policy solutions that can protect consumers and investors through this utility financial transition, and refinancing these soon-to-be stranded assets with low-cost capital can expedite the process. By swapping coal debt for clean energy equity, utilities can address unrecovered investment balances and retire coal plants early, cutting consumer costs while benefiting impacted communities and utility shareholders.
Santa Clarita, CA Gets $87M Water Treatment Plant
The Santa Clarita Valley Sanitation District of Los Angeles County Board of Directors has hired a contractor to build a new $87.3 million water treatment plant to remove salt and other contaminants from wastewater the city discharges into the Santa Clara River. They will also get SRF financing for microfiltration and ultraviolet water treatment technology.
Green Bond Market Poised to Hit $200B in 2019
Global green bond issuance looks set to scale new heights, if a new industry report on issuance levels is anything to go by. In a client report, published by Moody's Investors Service, has forecast a 20% annualized jump in issuance to $200 billion in 2019, citing continued issuer diversification and greater clarity around standards that have been providing a boost to the market.
Leyline Raises $12.5M Fund for Solar and Biogas Projects
The funds will be invested in early to mid-stage project development, providing a critical source of capital for renewable energy developers. Leyline has provided investment capital for multiple projects, including providing loans to renewable energy project developers to help accelerate development and bridge the gap between development and construction.
IA Receives $64M in Water Quality Loans
The Iowa Finance Authority and the Iowa Department of Natural Resources recently announced that 17 Iowa communities have received low-interest water quality loans totaling more than $64 million through the State Revolving Fund. Planning & Design Loans are zero percent loans that assist with the first-phase of project expenses.
OR Approves $150M in Bonds for Water Treatment Project
A state board recently approved $120 million in publicly issued industrial development bonds to help finance a $600 million water treatment project at Intel, and the state's business development department plans to supplement that with $30 million from its own bonding authority.