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The OPIC Blog
Addressing the lack of long-term lending for renewable energyApril 10, 2012“Despite significant growth over the past few years, India’s renewable energy sector remains underserved, primarily due to the inability of financial institutions to offer long-term lending,” OPIC recently explained in a blog post for the U.S. Commerce Department. The post discusses OPIC’s recent approval of $250 million in financing to help India’s Infrastructure Development Finance Corp. (IDFC) expand lending for A new way to promote renewable energyMarch 01, 2012Leasing solar energy equipment is becoming increasingly popular in southern California, and a similar model could make sense in the developing world. In a recent piece in Renewable Energy World, Lynn Tabernacki, Managing Director of OPIC’s Renewable and Clean Energy Programs, outlines how leased equipment could accelerate use of renewable energy technology in emerging markets and encurage economic growth. The full text Project Snapshot: Renewable energy in India’s rice beltSeptember 08, 2011Site India Sector Renewable energy Challenge More than one billion residents of India have no electricity and many of them live in remote villages off the electricity grid. Solution $750,000 in debt financing for Husk Power Systems Inc. to cover the installation throughout rural India of 36 “mini energy generation facilities” that burn discarded rice husks to generate electricity. Impact Renewable Energy & Clean Technology: Official Conference OpeningMay 06, 2010Wednesday, May 6, 2010- Renewable Energy & Clean Technology: Access to Investment Opportunities in Emerging Markets was officially opened by OPIC Acting President Dr. Lawrence Spinelli. This three-day international conference—taking place in New Delhi, India—is focused on facilitating private sector investment in renewable energy and clean technology. The conference has attracted almost 300 participants from over 26 countries representing U.S. |
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