News

• Solar projects beat US loan guarantee deadline

  04 October 2011

  Several major solar projects beat Friday's deadline to receive final loan guarantees from the US Department of Energy (DOE), while the Department of Justice (DOJ) asked a bankruptcy court to appoint a trustee for bankrupt solar panel manufacturer Solyndra.

• Solyndra shouldn't cast shadow over solar – industry

  04 October 2011

  The bankruptcy of solar panel manufacturer Solyndra should not be used as an excuse to pull government support from a thriving US solar sector, according to solar executives.

• Green Deal Finance Company formed, eyes capital markets

  04 October 2011

  Four banks have signed up to a company that will help finance energy efficiency improvements under the UK's 'Green Deal', and which may tap capital markets to lower costs.

• Mixed reaction to EU legislators' call for global renewables targets

  04 October 2011

  Members of the European Parliament (MEPs) have called for the EU to include global targets on use of renewable energy in its negotiating position for next year's Rio+20 sustainability summit.

• Track record, EIB help Impax close renewables fund at €330m

  29 September 2011

  A successful earlier fund and backing from the European Investment Bank (EIB) helped Impax buck a tough fundraising environment to pull €330 million ($450 million) into its latest fund, its CEO said – but troubles in Spain held the asset manager back.

• Solar financing model may solve scarcity of tax equity

  29 September 2011

  The world's largest distributed solar generation project is built on a financing model that the private sector can utilise for future transactions – and which will become necessary as tax equity markets tighten, according to those involved in the deal.

• BoAML's billion-dollar push into renewables, energy efficiency

  29 September 2011

  Solar generation projects are a good investment bet, says Bank of America Merrill Lynch (BoAML), and one it plans to take full advantage of.

• Legal & General adds green terms to commercial leases

  29 September 2011

  Tenants signing leases with commercial property giant Legal & General in the UK will now have to agree to green terms with their landlord.

• Renewables deals rush to close before US cash grant runs out

  28 September 2011

  Renewable energy financiers are bracing for a flurry of deals beginning in late 2011 into the first half of 2012 due to the scheduled expiration of the US cash grant programme.

• Extend loan guarantee deadline, says solar developer

  28 September 2011

  Congress should extend the deadline for the US Department of Energy to evaluate and approve loan guarantees for renewable energy projects, according to a solar developer whose guarantee has fallen through.