The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.
After a backlash from Illinois governor Bruce Rauner and his administration, ComEd and Exelon verbally agreed on Tuesday to ditch some of the most controversial provision in their Future Jobs Energy bill, including the mandatory demand charge.
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
The markets can be a frustrating place for the solar industry. Just ask Elon Musk. The negative perception of the SolarCity/Tesla merger often signals a lack of awareness of how far solar, energy storage and EVs have come.
More than 360 businesses and investors across more than 35 US states have called on President-elect Donald Trump to maintain the US’ commitment to carbon reduction and support investment in a low-carbon infrastructure.
The Obama administration is continuing a last-ditch push for renewables in the announcement of international clean energy funding and initiatives in a host of new incentives and international agreements that don’t require Congress’ consent.
The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, will provide US$74 million to Indian energy firm ReNew Power Ventures for a 100MW solar farm in the Indian state of Telangana.
The US and Israel have announced a US$4 million fund for five clean energy projects, including solar PV and CSP, as part of the Binational Industrial Research and Development (BIRD) programme.
