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The OPIC Blog


Featured photo: Building a wind power plant in Jamaica

July 17, 2015

Workers near Malvern, Jamaica help excavate a construction site where wind turbines will be raised in the coming months. Supported by a $42.7 million loan from OPIC, BMR Jamaica Wind Ltd is building a 36.3 MW wind farm about 60 miles west of Kingston. The plant is expected to be the largest renewable energy project developed by the private sector
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Featured Photo: Illuminating remote Indian villages with solar power

June 26, 2015

Children do their school homework under a solar light provided by Simpa Networks, a Seattle company and OPIC client that used OPIC financing to introduce affordable solar power technology in remote Indian villages. Last month Simpa Networks received the 2015 OPIC Impact Award for excellence in development in the Renewable Energy category.

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Focus on OPIC Impact Award winners: Simpa Energy India Ltd.

May 28, 2015

When you expand access to energy, you expand access to opportunity. That was the founding premise of Simpa Energy India Ltd., a provider of solar-as-a-service in rural India, which OPIC recognized May 19 with an Impact Award recognizing excellence in development, in the renewable energy category. Simpa was one of seven OPIC clients honored with Impact Awards last week and
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Four data points showing five years of progress at OPIC

May 13, 2015

OPIC’s 2014 annual report … in addition to highlighting full year results … offers some data on the Agency’s progress over the past five years. These include: Steady growth in OPIC’s total portfolio:   A sharp increase in renewable energy commitments:   A strong focus on investing in Sub-Saharan Africa, which accounted for more than a quarter of new commitments
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Elizabeth Littlefield on Earth Day, past, present and future

April 27, 2015

“Over the past year we have witnessed an unprecedented flow of industry and think tank data and research showing the increasing feasibility and attractiveness of renewable energy in developing nations, where most of the world’s population lives,” OPIC President and CEO Elizabeth Littlefield wrote in this piece in Institutional Investor on Earth Day at 45. “Four and a half decades
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Featured Photo: Investing in renewable energy sources in the Caribbean

April 22, 2015

In honor of Earth Day 2015, this week’s featured photo highlights wind turbines in the Dominican Republic. Built by the AIC Caribbean Fund, the turbines are providing significant clean energy resources throughout the country. In 2011, OPIC provided financing to the fund which financed the construction of the first wind turbine farm in the nation, a mid-scale, grid-connected facility capable
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How OPIC supports the planet on Earth Day and year-round

April 21, 2015

OPIC has transformed its portfolio in recent years to support more sustainable development, from geothermal power in Kenya and solar power in Chile to wind power in Jamaica and new technologies to deliver off-grid power to rural populations in India. Here, OPIC President and CEO Elizabeth Littlefield explains how several global trends are converging to make sustainable development an imperative.
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OPIC to play key role in new Caribbean clean energy program

April 10, 2015

OPIC, which has helped support several early-stage clean energy projects in Africa through a partnership with the U.S. Trade and Development Agency (USTDA) and the U.S. Department of State, will play a key role in a similar U.S. program designed to encourage investment in clean energy in Central America and the Caribbean. The new Clean Energy Finance Facility for the
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Featured photo: Bringing clean energy to Rwanda

April 10, 2015

Rwandan workers inspect solar panels at Gigawatt Global’s 8.5 megawatt solar facility east of Kigali, Rwanda’s capital, shortly before the solar field’s opening ceremony in February 2014. The clean power project is East Africa’s first grid-connected, utility-scale solar energy facility and represents a full 6% contribution to the entire country’s power generation capacity. OPIC supported the Gigawatt Global project in
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OPIC at a glance

February 04, 2015

From a growing commitment to renewable resources to support for American small businesses, learn more about some of our major accomplishments in this cheat sheet.

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