Renewable energy investment firm CleanPath will pour more than $800 million into large photovoltaic solar projects in North America, the company said yesterday.
The company's new fund is expected to invest in more than 1,000 megawatts of solar power plants over the next five years. The plants will range in size from 5 MW to more than 100 MW.
Financing has been a major bottleneck for big solar projects that many see as critical to driving down the cost of the emissions-free power source.
The tax equity market, the key financing tool used by solar developers, has recovered … Read more