Accord Financial Corp. announced the closing of a $2.5 million credit facility to help a marine services company move into the wind energy space. Accord’s Asset Based Lending Group structured the facility to include a traditional revolving credit...
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April 21, 2023, 07:10 AM
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Global Business Development Division (GBD), a New York-based sales team at Mitsubishi HC Capital (U.S.A.) Inc. (MHCUSA), has closed a $13 million working capital financing for large wind power projects outside the United States.MHCUSA is acting in...
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January 14, 2022, 06:50 AM
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Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN), announced that it has contracted with EDP Renewables to construct and operate a 100 megawatt (MW) wind farm in Paulding County, Ohio, called the Amazon Wind Farm US Central. This new wind...
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November 20, 2015, 07:15 AM
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A recent report from Navigant Research covers developments in the wind energy sector during 2014, including an analysis of the important changes in the industry over the last 3 years and global market forecasts through 2019.Following 2013’s 20%...
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June 30, 2015, 07:00 AM
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United Wind, a recognized leader in distributed-scale wind energy project development through its WindLease™ platform, announced that it has secured a project financing commitment from Pacific Rim Capital, Inc., a leading equipment leasing company...
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October 08, 2014, 06:30 AM
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According to the Clean Energy Trends 2014 report issued by clean-tech research and advisory firm Clean Edge, Inc., 2013 marked a significant transition in the history of clean energy: for the first time since Clean Edge began tracking global markets...
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March 28, 2014, 06:15 AM
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Altus Power America Management, an investor and manager of solar power projects and assets, announced the launch of a Clean Energy Land Program with Macquarie Group (Macquarie) to finance up to $100 million in solar and wind land energy projects in...
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March 21, 2014, 06:27 AM
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XZERES Corp., a global clean energy solutions company, has launched the XZERES PowerLease™ financing program for its wind turbine customers. As a new 'no money down' financing solution, XZERES PowerLease allows businesses, municipalities and...
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February 28, 2014, 07:00 AM
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CIT Group announced that it arranged a $36 million senior secured credit facility to Punta Lima LLC, owner of the Punta Lima Wind Farm in Puerto Rico. The financing was structured through a sale and leaseback of the facility between Sovereign Bank, N...
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September 26, 2013, 07:19 AM
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United Wind, a leading provider of distributed-scale wind energy through its WindLease™ platform, announced that it has secured a tax equity commitment from GSG Energy Finance, an energy equipment leasing company, enabling the company to deploy up to...
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September 23, 2013, 07:05 AM
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Clean Edge released its inaugural U.S. Clean Tech Leadership Index report featuring extensive data from the firm’s State Index (fourth annual edition) and Metro Index (second annual edition). “Clean-tech deployment in the U.S. is largely being driven...
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July 29, 2013, 07:01 AM
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According to Bloomberg New Energy Finance (BNEF), global investment in clean energy was $53.1 billion in the second quarter of 2013 (Q2'13), up 22% from the first quarter of 2013 (Q1'13) resulting from an upturn in the financing of wind and solar...
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July 17, 2013, 06:58 AM
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According to the Clean Energy Trends 2013 report issued by clean-tech research and advisory firm Clean Edge, Inc., despite the fact that 2012 proved to be an unsettling and difficult year for clean energy, the fundamental global market drivers for...
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March 15, 2013, 07:13 AM
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PV-TECH reported solar will play a central role in boosting the share of renewables in America’s energy mix between now and 2040, according to figures from the U.S. Energy Information Administration.The administration’s Annual Energy Outlook 2013...
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December 07, 2012, 06:55 AM
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Santander, through its U.S. subsidiary Sovereign Bank, N.A., together with Prudential Capital Group, an investment business of Prudential Financial, Inc., have jointly structured and closed a $444 million financing to support Invenergy in the...
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June 28, 2012, 07:00 AM
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According to a report posted on Solar Industry, Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., have introduced the Master Limited Partnerships Parity Act (MLP Parity Act). This legislation is designed to level the energy playing field by giving...
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June 11, 2012, 07:00 AM
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Bloomberg New Energy Finance reported that global investment in clean energy dropped to its lowest in three years as the U.S. and European nations cut support for wind and solar projects. According to the report, spending on new wind farms, solar...
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April 16, 2012, 07:00 AM
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Bloomberg reported that according to Katrina Landis, Chief Executive Officer of BP Alternative Energy, wind-power developers are putting U.S. projects on hold while waiting to see if Congress approves an extension of the Production Tax Credit due to...
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April 02, 2012, 06:30 AM
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According to the 11th annual edition of Clean Edge's Clean Energy Trends 2012 report, the three major clean energy technologies - solar photovoltaic, wind power and biofuels, which combined totaled $188.1 billion in 2010 and grew 31% to $246.1...
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March 22, 2012, 07:30 AM
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Wells Fargo & Company announced a record $2.8 billion in loan commitments and tax equity financing in 2011 to businesses and projects with a direct positive impact on the environment. That brings Wells Fargo’s total environmental financing and...
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March 21, 2012, 07:45 AM
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Wind Turbine Manufacturing industry revenue has hit a headwind. Over the five years to 2012, the industry is expected to decline at an average of 0.2% annually to $6.3 billion. According to IBISWorld industry analyst Justin Molavi “a sharp drop in...
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March 05, 2012, 06:30 AM
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Expanding its renewable energy portfolio in Texas, GE Energy Financial Services has joined JP Morgan to jointly invest $225 million in a partnership that owns the 662.5-megawatt Capricorn Ridge wind farm in West Texas. A subsidiary of NextEra Energy...
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February 29, 2012, 06:00 AM
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