Tag Archives: bank
Clean energy bank could drive $200 billion in investment
A little-discussed provision in the clean energy bill, the Clean Energy Deployment Administration, would have a huge impact on the U.S. clean tech industry, as this guest post by CAP’s Jake Caldwell explains. Yet the EIA didn’t even model the clean energy bank in its recent climate bill analysis (see “Despiteits many flaws, EIA analysis [...]
Evergreen Solar (ESLR) Getting Low Interest Financing
In an attempt to spur the export of US made solar products, Evergreen Solar (ESLR) is getting a boost from the Export-Import Bank of the US which is providing low interest financing(4.9% fixed over 18 yrs) for overseas projects using ESLR panelsproduced domestically. ESLR currently has 90MW of projects in varyingstages of the loan app [...]
Hoku Scientific (HOKU) Retains Deutsche Bank For Possible Sale Of Company
One month ago we first reported on Hoku’s financing concernsfor the Idaho plant which sent the stock plunging 30%. Hoku Scientific(HOKU) is taking another nose dive today (down 15%) after it reportedthat its financial troubles have forced the company to slow construction on its Idaho polysilicon plant while it looks for investors and/or a possible [...]
Spire secures expanded $8mn revolving credit facility
Spire Corp., a global solar company providing turnkey solar factoriesand capital equipment to manufacture photovoltaic (PV) modules andsolar systems worldwide, announced that it has amended its currentRevolving Credit Facility. In addition to the amended $3million facility, the Company has added an additional $5 millionrevolver under an Export-Import Credit Facility which is backed by aguarantee from [...]
Deutsche Bank Sees First Solar (FSLR) As Leader, But LowersPrice Target After Analyst Day
First Solar (FSLR) held its analyst day yesterday in Vegas,reiterating near term challenges but optimistic about the future. Deutsche Bank is weighing in with its own comments saying the companyis entering a transitional period as it looks to open new markets. Itbelieves the company is uniquely positioned as one of a few solarcompanies that can grow [...]
What is the clean energy bank and why is it in Waxman-Markey
While the climate title in Waxman-Markey is certainlyunnecessarily weak as is the renewable energy standard, the bill hasmany other terrific provisions (see “The triumph of energy efficiency” and “Toolbox Assessment” of Waxman-Markey“). One of those is the Clean Energy Deployment Administration. The Centerfor American Progress, long a champion of such a clean energy bank, hasa primer [...]