Solar PV module manufacturer and energy storage provider Q Cells has unveiled a new financing structure to boost value in C&I and community solar projects.
The company announced an investment into a solar + storage portfolio developed by Amped Solutions through its new ‘Grid Equity’ financing structure. Under the framework, Q Cells will provide capital investment in exchange for the rights to future grid services revenue expected to be generated by the portfolio in California.
“As part of our growing suite of complete energy solutions, we’re excited to offer our customers and partners investment capital under a new Grid Equity structure,” said Shane Kim, president of Q Cells North America. “We believe it can be a valuable co-development tool to help them boost the economics and bankability of their solar-plus-storage projects.”
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