We understand that Silicon Valley Bank (“SVB”) was an important source of financing for community solar projects nationwide.  SVB’s failure, recent instability in the banking sector and the risk that the scope of the current crisis will broaden, may impact some applicants’ abilities to fulfill their bid commitments.  Thus, we are making this communication to all applicants so that any applicants that have been substantially impacted by these recent events and any applicants that anticipate a substantial probability of experiencing such impacts in the near future have an opportunity to [...]

Exciting news from InClime, the Program Administrator for the New Mexico Community Solar Program! We are thrilled to announce our partnership with the Coalition Of Sustainable Communities New Mexico to manage low-income customer outreach services. The New Mexico Community Solar Program aims to promote the successful participation of low-income communities by mandating a minimum 30% low-income carve-out for every project awarded capacity. The Program Administrator is eager to support meaningful savings to low-income households and is excited to partner with the Coalition. The Coalition was carefully selected based on its [...]