How to evaluate the financial health of solar developers in 2025

November 21, 2025

In the wake of the GOP’s “One Big Beautiful Bill,” the capital markets are re-examining their renewable energy partners with new scrutiny. Liquidity pressures have already forced several developers to restructure or even shutter operations, signaling a broader shift in the industry. Investors, in turn, are responding with a flight to quality — seeking developers whose financial and operational foundations are strong enough to withstand today’s tighter capital environment.

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