“You’d think the thrill might wear off this whole renewable energy investing thing after a while. Nope—we’re still as into it as ever.” This week, Google announced an $80 million equity investment in six solar photovoltaic projects being developed by Recurrent Energy in Arizona and California. The deal marks the company’s 14th investment since it started eyeing project-level… Keep reading →
We couldn’t have said it better ourselves. Last year’s election season brought us an amazing series of zingers and gaffes from national politicians — including a number on Solyndra and the clean energy stimulus. Since 2013 isn’t an election year (well, sort of), cleantech hasn’t been in the national spotlight in the same way. That means most of the key… Keep reading →
Silver Spring Networks topped Inc. Magazine’s rankings. The editors at Inc. magazine have released their rankings of the 5,000 fastest-growing companies in America. The list offers an interesting snapshot of where growth is taking place in the energy sector. The boom in America’s unconventional oil and gas development is clearly evident on the list. Out of the 110 energy… Keep reading →
By Anna Andrianova Select solar stocks have been on a tear lately. SunPower, First Solar and Elon Musk’s SolarCity have had increases of between 60 percent and over 100 percent year-to-date. So for those of you who think you’ve missed the solar run-up or are searching for a new entry point into the solar space—consider solar crowdfunding. Sites such as… Keep reading →
Honda, in an attempt to keep its Fit EV electric cars in the eyes of consumers mostly looking at the Nissan Leaf or Chevy Volt, has dropped the price of the monthly lease. The drop, which was effective at the beginning of June, lowered for new and existing leases from $389 to $259. The new three year… Keep reading →
By Herb Greenberg SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this round of nuttiness for solar stocks. Yet, as Raymond James analyst Pavel Molchanov is quick to point out, the market gains are after… Keep reading →
Structuring renewable energy projects that provide acceptable investment returns is often helped by using feed in tariffs in European and other markets, but tax equity vehicles are more common in the US. Tax equity arrangements can be structurally complicated and difficult to administer, but can also provide double-digit returns when done properly.
These were some of the issues discussed by an expert panel at the AGRION Energy Summit and Sustainability Meeting held this week in New York City. The production tax credit for wind projects – recently extended for one year after much controversy – and the investment tax credit for solar are two tax equity vehicles commonly used in the US to help finance projects. Keep reading →
Poor performance for cleantech stocks this year may continue in 2013 despite some silver linings during 2012, a leading analyst and a panel of VCs recently warned.
Kevin Genieser, Managing Director and Global Head of Clean Technology Banking at Morgan Stanley, said that cleantech equities had underperformed this year despite a bright start to 2012 with three IPOs in the sector. Keep reading →
“We should pick the low hanging fruit. It always begins with efficiency. We’re much more energy efficient than we used to be but we have not made a serious attempt to get it to scale,” Clinton said in the closing keynote of the National Clean Energy Conference in Las Vegas last week. Keep reading →