National and multilateral development banks are key to scaling up clean energy investment to at least US$1 trillion per year, according to a new paper released ahead of the World Bank-IMF Spring Meetings.
Trina Solar, a global leader in photovoltaic PV modules, solutions, and services, announced last week the official launch of operations at its new manufacturing facility in Thailand.
The Overseas Private Investment Corporation (OPIC), a U.S. government’s development finance institution, signed an agreement with Greenlight Planet, Inc. to finalize $5 million in OPIC financing to support its expansion to provide affordable solar off-grid energy access across the developing world.
On Earth Day, SolarCity announced that it has activated a fund including an investment from Credit Suisse that is expected to finance more than $1 billion in commercial solar energy systems, including battery storage systems, for businesses, schools and government organizations across the U.S.
GE Energy Financial Services and Virginia Solar Group subsidiary Pacifico Energy, a Japanese power plant development company, have partnered for a third time to construct a solar power project in Hosoe on Kyushu Island, Japan.
SunEdison, the world’s largest renewable energy development company, today announced that it has secured non-recourse project financing from Japan-based Shinsei Bank for its Tarumizu project, a 9.6 megawatt utility scale solar photovoltaic power plant being built in Japan.
