kWh Analytics and Swiss Re have structured a deal with GCL New Energy and PNC Bank for 50 MW of solar projects financed using the Solar Revenue Put to guarantee 95% of solar generation.

GCL New Energy Holdings Ltd. is managing the risk related to the unpredictable nature of the sun, with an insurance-like policy that will guarantee the production from solar projects it’s building in Oregon.

GCL New Energy has made use of kWh Analytics’ solar revenue put as part of its tax equity financing of a contracted four-project solar portfolio in Oregon.

GCL New Energy has closed a solar revenue put for a 50 MW (dc) portfolio of four solar generation facilities in Oregon.

On Wednesday kWh analytics announced it has structured financing for a series of solar projects in Oregon that include insurance to protect cash flow when the sun does not shine.

SAN FRANCISCO – kWh Analytics, the market leader in solar risk management, today announced that it structured a Solar Revenue Put with GCL New Energy, Inc., a top five global solar developer, and PNC Bank, N.A., an industry-leading investor in U.S. solar projects since 2007.

Swiss Re took a step forward this week in its commitment to manage carbon-related sustainability risks and support the transition to a low-carbon economy.