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 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.
SolarCity announced Wednesday that it has agreed to a partnership with Citi to create two separate funds that will finance more than US$347 million in solar projects.
Australia’s federal government plans a third AU$1 billion reallocation of money from the Clean Energy Finance Corporation (CEFC), prompting a backlash from solar campaigners.
Investment firm CrossBoundary Energy announced the first close of CrossBoundary Energy Fund I — Africa’s first dedicated fund for commercial and industrial solar.
