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National Grid JV Emerald gains $150M credit for future solar, wind & energy storage investment

National Grid JV Emerald gains $150M credit for future solar, wind & energy storage investment

A joint venture owned by utility giant National Grid has secured $150 million in new credit to help grow its renewable energy investment over the coming years. Emerald Energy Venture LLC secured its $150 million portfolio revolving facility structured by SMBC, which is also lead arranger and agent. The portfolio revolver can be expanded to $250 million midway through next […]
Solar Energy; Not Just Electricity

Solar Energy; Not Just Electricity

A common inaccuracy that I frequently encounter -- through work, in the media, and in government -- is based on an implied assumption that energy, and energy displacement, and therefore solar energy, revolves solely around electricity.
Top 25 U.S. Energy Lobbyists of 2010

Top 25 U.S. Energy Lobbyists of 2010

Since the beginning of the decade, energy companies have spent more than $2.5 billion to lobby members of Congress, according to the Center for Responsive Politics. While oil, gas and utility companies have spent most of that money, renewable energy lobbying efforts are also starting to pick up pace.
Fostering Community Power: A New Pay It Forward Model for Solar

Fostering Community Power: A New Pay It Forward Model for Solar

People can now help build solar energy projects in a brand new way. RE-volv, a nonprofit based in San Francisco, has developed a revolving fund to finance solar projects for community centers that raises up-front costs by crowdfunding donations. RE-volv just finished its second solar energy project, a 22-kW installation at the Kehilla Community Synagogue in Oakland.  Its first project, […]
Solar Power International Video Coverage, Part 3

Solar Power International Video Coverage, Part 3

Three of the most pressing issues in the solar market today revolve around reducing the installed cost of systems, meeting transmission needs and accelerating job growth.
Crowdfunding Solar with a Twist — A Revolving Fund to Serve Communities

Crowdfunding Solar with a Twist — A Revolving Fund to Serve Communities

  According to Bloomberg News last week, crowdfunding solar could become a $5 billion investment vehicle in the next 5 years. This exciting development will connect people who want to invest their money responsibly with solar projects that need financing. SolarCity, the biggest U.S. solar power provider by market value, is getting into the space presumably to finance their residential […]
LIPA/FPL Request Offshore Approval for Wind Project

LIPA/FPL Request Offshore Approval for Wind Project

The potential for offshore wind energy developments in the United States has revolved around approval for the Cape Wind development off of Nantucket, Massachusetts for a few years now.
Konarka Secures Solar Power Financing

Konarka Secures Solar Power Financing

Coming off the heals of a major U.S. Army contract, solar photovoltaic (PV) company Konarka Technologies has secured a revolving line of credit of up to US$2 million dollars from Silicon Valley Bank.
GE Helps Homeowners Afford Solar with Nationwide Financing

GE Helps Homeowners Afford Solar with Nationwide Financing

GE Money's Sales Finance unit and the Electric & Gas Industries Association (EGIA) will provide revolving and installment consumer financing of residential solar systems through EGIA's GEOSmart Sustainable Financing Solutions loan program.
Our Place in the Sun

Our Place in the Sun

[Sydney Morning Herald] If it is hard to imagine a future in which the suburban streets of Mosman, or Fairfield, or Parramatta are lined with revolving wind turbines and glinting photovoltaic solar arrays, it’s worth remembering that 40 years ago, three-quarters of all Australian homes relied heavily on solar and wind power. The Hills Hoist, the metaphor for suburbia, dried […]