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The OPIC Blog


Featured photo: Making use of the earth’s resources

April 19, 2013

In honor of Earth Day later this month, we are sharing this photo from the U.S. Millennium Challenge Corporation (MCC) of an abundant evening market in Msimba, Tanzania, powered by solar lights, which enables members of the community to shop and sell their goods after the workday is over. The Millennium Challenge Corporation is investing in improving the reliability of
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World Water Day highlights need for clean water, sanitation in developing world

March 22, 2013

Friday, March 22 is the United Nations World Water Day, held annually to raise awareness of the importance of fresh water and advocate for the sustainable management of freshwater resources.  Each year a specific aspect of water management is highlighted. In 2013, in reflection of the International Year of Water Cooperation, World Water Day is dedicated to the theme of
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By rays or by breeze, OPIC projects account for more than half of response to Peru’s first renewable energy auction

March 21, 2013

By: Tim Harwood OPIC Board approval today of $193 million in financing for the first large-scale wind project on Peru’s power grid means that when the project’s power generation commitment is added to that of two solar projects that the Board approved in 2011 and 2012 OPIC will have supported more than half of the power generated by private sector responses
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Featured photo: From Ohio to India

March 15, 2013

The 10 megawatt Bhandardara Power House hydro plant in India’s Maharashtra State, was rehabilitated and reopened in 2001 by DLZ Corp., of Columbus, Ohio with the support of a $5 million loan. The plant, which was originally built by the local Maharashtra government, had been rendered inoperative after a fire in 1996. DLZ, a civil engineering company, is one of
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A world of opportunity: OPIC’s interactive map feature

March 05, 2013

  OPIC’s support of U.S. private investment extends around the globe to 160 developing and post-conflict countries. As the U.S. government’s development finance institution, OPIC catalyzes revenues, jobs and growth opportunities from Europe to the Middle East, as well as Africa to Asia and Latin America. We are often asked to talk about our projects, which cover a wide range
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OPIC’s profit per employee totals $1.2 million in 2012

December 14, 2012

Earlier this week, OPIC reported strong financial results for Fiscal Year 2012, including net income of $272 million, and a 30 percent increase in financial commitments to American businesses investing in emerging markets abroad. The fact that these results were achieved with a full-time staff of just 220 underscores the efficiency of OPIC’s operation. The agency’s profit-per-employee in 2012 worked
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Insights into the renewable energy sector: A conversation with Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy Programs

October 29, 2012

OPIC’s focus on renewable resources supports projects in wind, solar, geothermal, hydropower, biomass and other sustainable sources of energy, which will reduce carbon emissions, improve access to electricity and support economic growth. In recent years, the share of OPIC’s portfolio devoted to renewable resources has grown dramatically. In 2009, OPIC’s finance and insurance commitments in renewables totaled $131 million. That
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OPIC has another record-setting year for renewable resources

October 17, 2012

This week, OPIC announced that its commitments to renewable resources projects rose 41 percent in Fiscal Year 2012, which ended September 30, to set a new record of $1.55 billion. The news follows last year’s  record setting pace, and as the graphic shows, marks a sharp and steady increase in OPIC’s support for projects in clean energy and sustainable agriculture
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Featured photo: Support for OPIC’s renewable energy effort

October 05, 2012

Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy, right, leads a discussion with National Renewable Energy Laboratory staffers Laura Harrington, Adam Warren and Jeff Bedard (from left), and OPIC’s Sarah Carta. National Renewable Energy Laboratory supports OPIC’s renewable energy & energy efficiency effort The National Renewable Energy Laboratory (NREL) – the only national laboratory which takes renewable energy
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September Board Meeting: Priorities renewed and newer

September 26, 2012

At its September meeting, OPIC’s Board of Directors kept the agency’s focus trained on priority sectors – renewable resources; food security and safe drinking water; and small and medium size businesses (SMEs) – and added another: the growing middle class in emerging markets, which stand to transform developing countries in the coming years. Be it Africa, where 100 million households
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