The US Department of Energy announced $21.4 million in funding on Thursday to reduce ‘soft costs’ for new solar projects in an attempt to speed solar adoption. One of the barriers found in the adoption of solar energy is what are commonly known as “soft costs” — costs such as installation, … [continued]
Yet another Indian renewable energy IPP is looking to sell an equity stake to raise funds for expansion. According to media reports, Mytrah Energy is looking to sell an equity stake to private equity funds with a target of raising around $300 million. A third of this funding will be … [continued]
One of India’s leading names in the green bonds market is raising funds through the private placement of debt instruments aimed at financing low-carbon infrastructure. Yes Bank, a private bank headquartered in the western Indian state of Maharashtra, recently announced that it will raise Rs 330 crore (US$49.5 million) by … [continued]
One of India’s largest independent renewable energy producers — ReNew Power Ventures — is said to be considering an initial public offer to raise funds for expansion of its assets. According to media reports, the company is looking to raise a total of $300 million, including $100-150 million through initial … [continued]
New Yorkers have issued a challenge to their state and city officials to divest New York’s combined $350 billion in pension funds from fossil fuels. According to global divestment initiative 350.org and Divest New York, a new challenge has been issued to New York City Comptroller Scott Stringer and New York … [continued]
8minutenergy, the leading independent solar PV developer in the US, has announced that it is now raising capital to fuel the growth of its 5.5 GW US solar pipeline, including over 500 MW of wholly-owned near-shovel-ready projects with long term PPAs. We last heard from 8minutenergy at the beginning of the month, when it … [continued]
The Green Climate Fund has approved $745 million in funding approvals for 10 projects and programs at its fourteenth meeting, which together will have a total value of $2.6 billion and help 27 countries. Announced earlier this month, the Green Climate Fund — a fund created under the framework of … [continued]
America’s leading solar energy provider, SolarCity, has partnered with financial services provider Credit Suisse to finance more than $300 million in residential solar projects. This marks yet another multi-million-dollar financing round for SolarCity in a year which saw the company post a massive net-loss in its second quarter, forcing the … [continued]
The Social Capital Markets Conference (SOCAP) is one of the premier gatherings on impact investment and social entrepreneurship. The conference has historically been primarily focused on getting money into hard to reach areas–getting basic human services (sanitation, clean water, etc.) to those who need it most. Cleantech discussions at SOCAP … [continued]
Ashlee Vance hit the Tesla enthusiast scene with a big splash when he published Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. I was turned off by his Bloomberg article announcing the book because it twisted the history (including the timing of various matters) in a misleading way that seemed 100% about … [continued]
