#1 electric vehicle, solar, & battery news + analysis site in the world. Support our work today.

Browsing the "KfW" Tag

Clean Tech Week in Review: 10 Headline News Stories

December 23rd, 2011 | by Andrew

Google made a big news splash this week, announcing it was partnering with KKR to invest in four California solar power projects, but that was only one of many newsworthy stories that broke. Among them are plans to develop an East Coast grid to carry power from offshore wind farms, BP Solar quitting the business after 40 years, a second German solar power industry player filing for insolvency and a second solar investment by Warren Buffet and Berkshire Hathaway's Mid-American Energy

Blackstone Private Equity Firm Invests in German Offshore Wind…In a Big Way

August 6th, 2011 | by Andrew

Private equity firm Blackstone is investing in offshore wind in Germany in a big way. The company announced it had secured a total of 1.2 billion euros of financing for the 288MW Meerwind North Sea wind farm project, as well as obtaining a permit for Nordlicher Grund, a 64-turbine, 1.3 billion euro North Sea wind farm. A group of seven banks will provide 822 million euros in debt financing with Blackstone supplying Meerwind's equity. Supporting the financing is Germany's feed-in tariff, which locks in rates for Meerwind's electricity output

Back to Top ↑