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Recurrent Energy secures finance from Santander and US Bancorp for California project
08 September 2015Recurrent Energy, a subsidiary of Canadian Solar, has agreed a debt facility with Santander Bank and a tax equity investment with US Bancorp Community Development Corp, for a 100MW solar power project in California.
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US government to insure PACE mortgages in bid to ramp up energy transition
26 August 2015The US government has pledged to insure mortgages for homes under Property-Assessed Clean Energy (PACE) in order to boost the programme's flagging residential market.
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Private equity firm gets $59m backing for Peruvian hydro
20 August 2015A Peruvian hydropower company has secured a $59 million loan from a series of investors to construct two projects in the country.
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ADB backs first green bond out of the Philippines
13 August 2015The Philippines is slated to see its first green bond, with backing from the Asian Development Bank (ADB).
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Pattern bags $205m to finance move into solar construction
10 August 2015US renewables company Pattern Development has secured $205 million to finance the construction of its first ever solar project.
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GreenStream loan is 'missing piece of the puzzle' for growth in China
06 August 2015Finnish environmental services firm GreenStream has secured "the missing piece of the puzzle" with a financing package from a Chinese development bank.
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People round-up
05 August 2015A round-up of the latest new appointments and moves in the industry, including changes at SEP,Greentech Capital, The African Development Bank, the Solar Energy Industry Association, Statkraft and Good Energy
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Gareth Phillips joins African Development Bank
04 August 2015Gareth Phillips has joined the African Development Bank in Abidjan, Ivory Coast, as chief climate and green growth officer.
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TerraForm Global green bond has record breaking coupon
03 August 2015SunEdison's second yieldco, TerraForm Global, said its green bond will have a coupon of 9.75%, meaning it is believed to be the highest yielding issue that the market has seen so far.
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India's plans to offer dollar-linked tariffs for renewables under scrutiny
30 July 2015The risks of offering dollar-linked tariffs for renewable energy need to be carefully managed, argues Gireesh Shrimali