Financing for CDG Solar Projects Including Projects Paired with Energy Storage (RFP 10)

A Request For Proposals (“Construction & Aggregation-to-Term Financing for Community Distributed Generation Solar Projects Including Projects Paired with Energy Storage”) targeted at developers and/or owners of solar photovoltaic (PV) projects that: (i) are in advanced stages of development; (ii) form part of the Community Distributed Generation Program; (iii) are compensated under the Value of Distributed Energy Resources Phase One Tariff; (iv) comply with all applicable provisions established under the Uniform Business Practices for Distributed Energy Resource Suppliers; (v) generate power using Tier 1 technology; (vi) earn revenue by selling volumetric or monetary credits to project members under revenue contracts; (vii) are 500 kWac to 5 MWac in size, ground-mounted, canopy-mounted or non-residential rooftop PV solar projects at a single location; and (viii) may be paired with an electrical energy storage component. The RFP will remain open and proposals will be evaluated on an ongoing basis. The purpose of an ongoing RFP process is to ensure all potential clients and counterparties have an opportunity to propose financing arrangements.