Thursday, April 25th, 2013
I never know what to make of the frequent references I come across to the International Monetary Fund. Who exactly are these mysterious and terribly powerful people? How do they work? What are their true motivations?
In any case, they most certainly get some points for (more…)
Friday, March 29th, 2013
Governor Cuomo just announced the first round of awards for the NY-Sun Competitive PV Program – and boy is it looking bright! The New York State Energy Research and Development Authority (NYSERDA) awarded $46 million for 76 large-scale projects totaling 52 megawatts (MW) of new solar capacity, enough to power nearly 9,000 New York homes. We’re excited (more…)
Thursday, March 14th, 2013
Although connecting energy efficiency programs and private capital may seem like an ideal partnership, program managers from New York and Pennsylvania have found it is challenging to achieve competitive investment ratings for energy efficiency loan portfolios. Jeff Pitkin and Keith Welks discussed their experiences with accessing the secondary market in (more…)
Wednesday, March 13th, 2013
Years ago when I was much younger and contemplating starting my own dot com company, I sat down with a successful and experienced entrepreneur who had built more than one business from scratch. This particular entrepreneur was also a former Marine, so he had earned his grey hairs and steely look in more than one way. I shared my ideas with him and he gave (more…)
Tuesday, March 12th, 2013
After long and diligent work, my own Commonwealth of Pennsylvania announced last week that it had successfully bundled 4,700 residential energy efficiency loans, and obtained $23 million in cash and $8.3 million in deferred payments, for a projected total of $31.3 million. The press release is available here.
Monday, March 11th, 2013
With early stage capital for cleantech innovation becoming increasingly scarce, crowdfunding sites like Kickstarter, Indiegogo and a new crop of clean/green ones are beginning to emerge as significant sources of funding for selected next-gen clean technologies.
Hurdles remain, particularly for investors seeking returns, but I’m more optimistic about these sites’ (more…)
Wednesday, March 6th, 2013
We hear a lot about grid parity, don’t we? That’s the point at which the cost of energy generated by solar, wind, and other renewables is the same as that generated from conventional sources. The author of this article on Sharp Electronics new 43.5%-efficient solar cell writes: “Sharp shattered the efficiency record with its concentrator triple-junction compound solar cell, (more…)
Thursday, February 21st, 2013
The Alliance to Save Energy’s Commission on National Energy Policy included financing as one of the central recommendations in its recent report, “Energy 2030: Doubling U.S. Energy Productivity by 2030.” The commission consists of some of the key leaders in energy policy and business in the United States.
The commission’s plan would use financing programs (more…)
Thursday, February 21st, 2013
Solar energy company SolarCity and automaker Honda have joined forces to increase access to solar power for their customers. The partnership establishes an investment fund to finance $65 million in solar projects to assist Honda and Acura (Honda’s luxury division) customers with the initial cost of solar power installation. Millions of Honda and Acura customers (more…)
Wednesday, February 6th, 2013
The Green Power Hike, which recently took place in Hong Kong, is an annual fundraising event that focuses on environmental conservation and education. It’s a great initiative, but it serves as another reminder of just how inundated my daily life has become by the word “green” and how many different meanings the word has come to adopt. I am beginning to think that (more…)