- US government backstops failed Silicon Valley Bank and guarantees deposits.
- Renewable lender had specialty in supporting small-scale community solar projects.
- Community solar projects allow customers to buy power from local solar farms.
- Financing for community solar developers uncertain after SVB failure.
- Other types of debt investors may step in to fill the void.
SVB Failure Leaves Small US Solar Projects Needing New Ally
Some solar-power ventures could face delays as developers are forced to find new sources of finance.
Aaron Clark
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