The Indian government is planning to launch an equity fund worth $2 billion to boost renewable energy development. The initial funding of $1 billion will be available starting next financial year, April 2017.
Originally published on NREL. By Lang Reynolds YieldCos represent a surging trend in renewable energy finance and a valuable innovation to access relatively low-cost capital for the right players. Along with securitization and other financial innovations, YieldCos represent a critical pathway to support renewable energy project deployment and market growth … [continued]
Clean energy investments soared higher in Latin America in 2012 amid an overall, global contraction. Four Latin American countries registered triple-digit percentage increases, with Brazil leading the way in terms of dollars invested. The data was released by Bloomberg New Energy Finance in advance of ACORE’s third Latin America & Caribbean Renewable Energy Finance Forum, which is being held in Miami this week.
Sixteen organizations spanning the US solar industry, including the DOE’s National Renewable Energy Laboratory, have launched a group effort that should result in opening up large, new pools and lower the cost of capital for the US solar energy industry.
Solar Mosaic’s wasting no time as it seeks to build on the initial success of its innovative solar PV crowdfunding platform as it partners to develop credit ratings for rooftop solar energy projects
Home clean energy project financing in Riverside County is surging higher with the launch of an innovative public-private PACE partnership, HERO (Home Energy Renovation Opportunity). HERO is boosting job creation and the local economy, along with helping consumers cut energy costs and helping the state meet its GHG emissions reduction targets […]
A prosecutor in the southern Italian city of Brindisi has filed criminal charges against Suntech and its Global Solar Fund, adding to a growing list of criminal and civil charges that could destroy the company. The charges follow on revelation of an alleged $700 million investment fraud perpetrated by GSF that implicates Suntech senior executives. […]
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. […]
News of bankruptcies and downsizing aside, investors continue to put money to work in the solar power market. Venture capital funding, debt financing, and solar project M&A all increased in Q2, while 13 new solar-focused, clean tech investment funds were announced, according to Mercom Capital’s Q2 report. […]
Orix Corp. is the latest company to announce it’s expanding and entering Japan’s solar power market following the July introduction of a renewable energy feed-in tariff. The company may up its investments further, financing as much as 400-MW of solar power projects in Japan. […]
