Surge Insights/Capital & Markets
Capital & Markets

Project Finance & Capital Stacks

How clean-energy projects are structured, financed, and capitalized.

AnalysisJul 8, 2026· 8 min read
Deployment fundamentals are stronger than the headlines suggest

First Solar's rising sales, stabilizing cleantech venture funding, and an MIT study finding IRA gains mostly intact despite OBBBA all point the same direction — the deployment thesis is holding up better than the policy-volatility narrative implies.

AnalysisJul 7, 2026· 7 min read
PPA prices are rising as tax credits phase out. The math that justified a PPA 18 months ago may not hold today.

Analysts expect PPA prices to keep rising as tax credits phase out, and buyers are already locking in longer contract terms in response. The PPA-versus-ownership math is being repriced in real time.

DispatchJun 30, 2026· 7 min read
Four solar-plus-storage financings closed this month. Large-scale capital is not the problem.

Matrix Renewables, Enlight, a UK £825M portfolio, and a 500 MW BESS financing all closed within weeks of each other — evidence that large-scale solar-plus-storage capital is still flowing freely, even as smaller developers report tighter conditions.

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ENERGY, BRIEFLY
The week's most important signals in clean-energy infrastructure.