The US Government’s Overseas Private Investment Corporation has approved a $15 million loan for SunFunder’s new $50 million “Beyond The Grid Solar Fund.” The Overseas Private Investment Corporation (OPIC) announced on Monday approval for a $15 million loan to SunFunder’s Beyond The Grid Solar Fund, a new investment vehicle to be managed by … [continued]
ReNew Power Ventures, one of India’s rapidly growing independent renewable power producers, is in the midst of another financial deal that will give it access to much needed funding to fuel its capacity addition. ReNew Power Ventures, founded in 2011, recently announced that it signed an agreement with the Overseas … [continued]
A concentrated solar power project in South Africa has secured approval for debt financing from the Overseas Private Investment Corporation of the United States. The Overseas Private Investment Corporation (OPIC) announced last week that it would provide $400 million in debt to a 100 MW concentrated solar power (CSP) project being developed … [continued]
The energy-poor tend to be among the poorest people in their countries and cannot afford the high upfront costs of a quality solar solution. About 400 million people in India live in remote villages and don’t have access to an electricity grid. Millions more have only very limited access to electricity. Although … [continued]
The 7th Annual National Clean Energy Summit was just held September 4th at the Mandalay Bay in Las Vegas, NV. You ask why Mandalay Bay is significant? Well, its convention center, where the event was held, has a huge roof and they have loaded it up with solar panels. Photo Credit: … [continued]
International investment agencies approved funding for a 10 MW solar power plant in Chile’s Atacama Desert, one of the world optimal locations for solar.
This year’s international off-grid renewable energy conference in Manila—IOREC— has been exploring use of off-grid renewable energy and minigrids from the inclusive perspective of all its stakeholders. Conferences come and go, but this one seems to have achieved balance and a politics-free sense of hope for the industry, investors, new … [continued]
The US development finance agency will provide as much as $250 million in financing for MEMC and its SunEdison solar energy subsidiary, along with two local companies, to develop a 60-megawatt PV facility in the Free State province town of Boshoff. The project is the result of the companies’ successful bid in South Africa’s historic Renewable Energy Independent Power Producers Program. […]
First Solar’s shifting its strategic focus toward supplying and building thin-film solar power projects in India, as PV cell and panel profit margins continue to be pressured and trade tensions escalate. The Tempe, Arizona thin-film market leader aims to capture 20% of the Indian solar PV market even as critics assert that US government export finance banks are providing low-interest loans to Indian solar power project developers that violate WTO rules on international trade. […]
As the UN Rio+20 conference on sustainable development opened, the US international development bank announced it is investing in renewable energy and energy infrastructure funds focused on financing projects across Latin America, Southeast Asia and Sub-Saharan Africa. […]
