Announced on Tuesday, GE Energy Financial Services and Citi closed tax equity financing for Deepwater Wind’s Block Island Wind Farm being developed off the coast of Rhode Island, which will be the country’s first offshore wind farm. GE Energy Financial Services, a division of GE and a global energy investor, … [continued]
Originally published on Solar Love. SolarCity (SCTY) has built its business selling most of its customers on the option to get a rooftop solar system with no upfront costs. That approach makes solar energy affordable to lots of people who might not otherwise be able to afford solar power, but it requires SolarCity to … [continued]
America’s leading solar energy provider, SolarCity, has partnered with global bank Citi to create two funds which together will finance more than $347 million in solar projects for homeowners and small businesses. SolarCity announced on Wednesday that it had partnered with a leading global bank, Citi, to create two funds … [continued]
Originally published on Solar Love. Solar power costs have come down so much in recent years that going solar is a no-brainer money-maker for millions of people. That increasingly includes low- and moderate-income people as well as rich people. Affordable solar power seems as abundant and as popular as ice cream … [continued]
SunEdison has teamed up with its yieldco TerraForm Power to acquire a portfolio of 521 MW worth of operating wind plants, previously owned by Atlantic Power. The announcement was made on Monday, at the same time that SunEdison announced that it had also formed its second “warehouse facility,” TerraForm Private … [continued]
The same day as it revealed its first quarter 2015 results, American multinational banking company Citigroup has announced its intention to invest $100 billion into “activities that reduce the impacts of climate change and create environmental solutions that benefit people and communities.” The commitment is double the company’s previous goal … [continued]
Originally published on RenewEconomy. Citigroup says the impact of the China-US climate deal signed earlier this month could total $US3.9 trillion ($A4.5 trillion) – that’s the loss in revenue for Big Oil and Big Coal over the next 15 years from the joint undertaking on greenhouse gas emissions by the … [continued]
The White House video above doesn’t note that President Jimmy Carter put solar panels on the White House decades ago that were later removed by the Reagan administration, but I guess they didn’t want to get too political with that. It is nice that the Obama administration finally got solar … [continued]
Originally published on Energy Post. By Terje Osmundsen. The International Energy Agency (IEA) consistently entertains much too pessimistic assumptions about the growth potential and cost development of solar power, writes Terje Osmundsen, Senior Vice President of the Norwegian-based international solar power company Scatec Solar. According to Osmundsen, the cost assumptions used … [continued]
Originally published on RenewEconomy A major new report from investment banking giant Citi has highlighted the dramatic changes sweeping the world’s energy industry, and is being used as a clarion call to review the estimated $37 trillion that will be invested in energy infrastructure and projects over the coming two … [continued]
