A common thread weaved together the multiple topics of The View from Sponsors, Developers panel last month at the Novogradac 2023 Fall Renewable Energy and Environmental Tax Credits Conference in Washington, D.C.: more clarity is needed on several issues.
Excerpt: Jake Compton, director, project finance for Summit Ridge Energy, told attendees that rising interest rates have not blunted demand; they have just made capital more expensive. Compton said raising capital may take more energy than before, but pipelines are growing. Capital markets, both bank and private capital, are becoming more comfortable with community solar as an asset class, Compton said.
Read more (and hear from Jake Compton, Director, Project Finance, Summit Ridge Energy): Novogradac