… When Walmart de México y Centroamérica decided to buy the power generated by the Electrica del Valle de México’s (EVM) wind farm, EVM’s struggling project received a … financial backing, buy and erect the turbines, and begin generating electricity by 2010. For Walmart de México, becoming the wind farm’s off-taker accomplished a number of important … EVM guaranteed electricity at below the rates charged by Mexico’s state-controlled utility, shaving costs for the famously thrifty retailer. In addition, the project allowed …
… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has received … The road to SELCO’s success, however, has not always been smooth. Hande cofounded SELCO (with Neville Williams) in 1995 to sell and service photovoltaic (PV) systems in his home …
… had to decide how it was going to respond and how much it was willing to invest in its efforts to grow in the U.S. In Europe, the supply-constrained market during 2007-10 had … to add solar panels to their roofs. Trina had already partnered with three distributors of electrical equipment in the United States to reach the residential market. But were there … between China and the United States and the relationship of the two countries’ currencies, creating risk for any company that paid its workers in renminbi but booked its sales in …
… Garcia is a member of the Governor’s Council on Climate Change (GC3), a group charged withcreating a comprehensive climate strategy for the State of Connecticut. As of September 2016, Garcia remained undecided about a key … 1996 and 2015, natural gas largely replaced the dirtier fossil fuels coal and oil forelectricity generation to provide almost half of the state’s electricity and one-third of …
… The Upgrade to $ave Program provides Roanoke Electric Cooperative (REC) and its customers with a simple yet powerful energy-efficiency-financing product. To date, the program has performed much better than expected. Average realized savings have been on the order of 50% of …
… enacted a series of laws promoting the use of alternative fuels in gasoline, beginning with ethanol from sugarcane. This meant that the national oil company PEMEX had to find ways to implement this policy. Nevertheless, in spite of efforts by various government agencies as well as PEMEX, by mid-2014 no ethanol had been … makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel would meet a number of the country’s needs. First, it …
… across five continents. But many investors believed these first years were just a warm-up for what was to come (the company’s market capitalization had doubled since its IPO in … Suzlon in 1995 to avoid having to rely on India’s notoriously unpredictable and expensive electric power grid to power his family’s textile operations. After commissioning two wind turbines, Tanti discovered that wind energy was an even better business than textiles. Within six years of its incorporation, Suzlon had become the dominant player in the Indian …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take … Financial institutions are reluctant to lend when any claim that they might make in the event of a default is junior to the property mortgage holder. This is why the Environmental … necessary to attract private finance. It also addresses the misalignment of incentives by creating an Environmental Upgrade Charge (EUC) that allows a property owner and a tenant to …
… named Sealed signed a $5-million loan-financing agreement as a way to broaden the market for home energy-efficiency upgrades. In New York State, those upgrades face two key barriers … adoption. The first barrier is that a whole-home upgrade is a high out-of-pocket investment for a homeowner. Homeowners who make upgrades often have to pay cash outright or take out … to spread the cost over time. Second, while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their …
… of the Texas Climate Initiative. You meet with him and learn that he needs help preparing for an unusual negotiation. Marston will be flying to San Francisco for a negotiating session with the private equity firms seeking to acquire Texas electrical utility TXU, and he needs your immediate feedback. The private equity firms want two …