Kyocera teams up with Healthy Planet Partners fund

Share

Kyocera Solar, Inc., has joined Connecticut clean energy fund Healthy Planet Partners (HPP) to provide an end-to-end solution they say will result in a lowering of capital costs for solar developers and benefit power purchase agreement (PPA) customers.

The companies say their end-to-end solution for developer and EPC partners covers everything from assistance with origination, technical and financial feasibility analysis to construction and long-term financing.

Kyocera said "HPP's experienced finance team" had "the ability to quickly evaluate and commit to financing a project" while using its own experience to provide technical support, including site and system evaluation, construction management, ongoing operations and maintenance in addition to its top-rated PV modules.

"Working together, Kyocera and HPP leverage their respective areas of expertise in both financing and system design and implementation to minimize risk,” said Kyocera Solar, Inc., President Steve Hill. "This benefits everyone involved from a financial standpoint because it provides a lower cost of capital, thus creating a competitive advantage for developers and installers, and making the cost of solar lower for our customers."

Kyocera and HPP inaugurated their partnership with a recently announced solar project for the Seattle Mariners' spring training camp in Arizona. The companies also have future projects planned.

"Healthy Planet Partners and Kyocera are extremely focused on the drive to make solar an affordable and mainstream energy source,” said HPP Managing Partner Michael Richter.

Kyocera began its downstream project development and finance activities in 2013 with a PPA for the Madison School District in Arizona, continuing with the Somers Solar Center in Connecticut and a tax equity investment with U.S. Light Energy in New York state. Together, these projects exceed 17 MW-dc.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.