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Article Source: CleanTechnica - By Andrew BurgerEncouraging news regarding private sector financing for renewable energy continues to flow in. That’s especially good in the midst of a Congress hopelessly divided on key energy and environmental policy goals and legislation, among other critical issues, and the uncertainty surrounding renewal of key clean energy incentives.
On Jan. 25, Wells Fargo and Enfinity America launched a joint $100 million solar photovoltaic (PV) investment program. As per the agreement, Wells Fargo will supply the capital Atlanta-based Enfinity America requires to do what it specializes in: develop solar PV projects around the US.
In another expression of confidence in the viability of US clean energy markets and industry, MidAmerican Energy Holdings, a subsidiary of Warren Buffet’s Berkshire Hathaway, on Jan. 24 announced it’s establishing a new business that will oversee its growing portfolio of wind, geothermal, solar, and hydro projects.
#1 - Fri Jan 27, 2012 12:15 PM ESTCan we get some of this commitment for distributed solar and wind investment? This is good, but centralized Utility scale projects are only a part of the answer. We need lending institutions to develop special loan programs for individuals to finance wind and solar installations on their homes and commercial buildings, too. Special terms, maybe including the repayment of the loans through the Utility bill.
#2 - Fri Jan 27, 2012 7:22 PM ESTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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