US solar firms set to benefit from OPIC loan programme

Facebook
Twitter
LinkedIn
Reddit
Email

The Overseas Private Investment Corporation (OPIC) has issued its first green guaranties to US investors to back climate-friendly projects, with US solar firms expected to benefit.

OPIC, the US government’s development finance agency, is offering the debt under the terms of the 2014 Green Bond Principles, which were drawn up by the financial sector in collaboration with environmental NGOs.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

OPIC green guaranties funded US$47 million of the US$230 million the agency is providing to First Solar for the Luz del Norte project in Chile.

“The offering of OPIC’s first green guaranties is a significant milestone. This underscores commitments made by both OPIC and the US Government towards addressing the global challenge of climate change,” said Elizabeth Littlefield, president and CEO, OPIC. “This is the kind of innovative, impactful financing that has helped keep this agency nimble and effective over the past four decades as the world of development finance has been swiftly evolving.”

OPIC said it would continue to identify renewable energy projects that adhered to the Green Bond Principles that green guaranties could be offered on.

The guaranties are effectively government-backed bonds that will now be offered on the domestic US debt markets. The resulting finance will be drawn from the private sector. OPIC operates at no cost to taxpayers. It’s investment policy is aligned to US foreign policy and money is allocated so as to boost the presence of US companies in emerging markets.

Read Next

October 14, 2025
Levanta Renewables will develop a 166MWp ground-mounted solar and storage project in the Visayas Islands as part of the Philippines’ Fourth Green Energy Auction. 
October 14, 2025
India has installed 4.9GW of residential rooftop solar capacity in the first half of 2025, according to a report by IEEFA and JMK Research.
October 14, 2025
Apple will support 650MW of projects as part of a major expansion of its renewable energy investments in Europe, aimed at reducing its carbon footprint.
October 13, 2025
France’s Engie and the UAE’s Masdar have been chosen to jointly develop a 1.5GW PV power plant near Abu Dhabi.
Premium
October 13, 2025
Brett Beattie of Castillo Engineering looks at some of the key land grading work that can make multimillion-dollar differences to projects.
October 13, 2025
Korean chemical production firm OCI Holdings has acquired a 65% stake in a Vietnamese solar wafer production plant, intending to export solar wafers to the US.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK