Mark Riedy

Renewable Energy Finance Evolves: Corporates Roam Large

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Large corporations are steadily replacing governments and banks in financing renewable energy transport fuels and technologies, helping a popular sector for venture capital and private equity early stage funding cross the infamous development “valley of death” in search of scale.

The renewable energy transportation sector has reached a pivot point in which the needs and criteria of investors is changing ahead of a new race to scale up transformational technologies, a panel of bankers, lawyers and project developers said at the Renewable Energy Transport Forum in Washington, DC this week. The event was hosted by the American Council on Renewable Energy (and this author spoke on one of the conference panels). Keep reading →

 /  Published July 18, 2012 at 2:15 PM

Defending Clean Energy Loan Guarantees

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Obama and business finally agree. The renewable energy business, that is.

“If we are going to compete in the 21st century, we have to dominate cutting edge technologies,” Obama said at a Thursday morning press conference. Keep reading →

 /  Published October 6, 2011 at 3:00 PM

After Solyndra: Renewable Energy Financing 3.0

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To secure financing for renewable energy projects, developers must find investors willing to manage a suite of technological, financial and political risks.

Most technologies in renewable energy are relatively new and untested. On top of that, competition from markets with lower manufacturing costs is pressuring solar panel and wind turbine manufacturing, and fluctuating agricultural and transport fuel prices are adding uncertainty to investments in biofuels. Keep reading →

 /  Published September 20, 2011 at 9:00 AM

Finance Advice From A Renewables Guru

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Despite three recent bankruptcies, the US solar manufacturing industry is doing just fine, according to Mark Riedy, founder and general counsel to American Council on Renewable Energy (ACORE) and a partner at the Mintz Levin law firm.

“I’m not worried about it and I’ve been in the renewables space since 1975, year in and year out,” Riedy said. Keep reading →

 /  Published September 8, 2011 at 2:30 PM