… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. … 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 … financially and deviating from its mission to help the poor. As the company was recovering from this move, the price of solar panels spiked and sales declined. Investors put …
… At the end of 2010, Jifan Gao, Trina Solar’s founder and chairman, wondered how his company could expand its presence in the United States market. In the previous five years, Trina, a companywith manufacturing and headquarters in Changzhou, China, had managed to grow rapidly by … market during 2007-10 had allowed Trina to quickly establish strong relationships with some of the continent’s leading developers of solar projects. Trina supplied modules …
… project received a significant boost. While the proposed wind farm was located in an area with abundant wind resources, absent a creditworthy off-taker the project would not have … one part of the efforts Walmart de México was undertaking in the sustainability area. The company had pledged to meet ambitious goals, looking to reduce waste in its and its … renewable energy projects. Gómez, Walmart de México’s Director of Sustainability, was considering ways the project financing structure might be further adapted to allow Walmart de …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the international … 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 … by coal-fired electrical plants had mounted and the price of fossil fuels had skyrocketed. With little more than a cell phone and the internet, Pedersen set to work building Suzlon’s …
… 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 … of Energy’s Office of Policy & International Affairs from 2009 to 2013. CEW approached REC with a win-win proposal describing how PAYS® could help build the local economy while … Its approach has included on-the-job training for contractors and other staff. Partnering with an organization that assists with implementation has made it easier for REC to …
… 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 … in the price of gasoline at the pump. No bids came in under PEMEX's maximum. Considering (1) the constraints in the economics of ethanol for fuel production, (2) the potential …
… opportunity to meet his customers' needs while helping to shape public policy and grow his company's bottom line. Under Immelt's leadership, GE launched an environmental business … 2012; To keep the public informed about ecomagination targets, progress and results. Along with the four commitments came a massive ecomagination advertising and branding campaign … Jonathan Lash, who announced his support of the initiative at an ecomagination launch event in Washington D.C. Other environmental groups - particularly those that had fought GE …
… Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million loan-financing agreement as a way to broaden the … 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 … a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of debt financing to help stand up large-scale generation projects, this …
… of Environmental Defense's Texas Office and head 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 … nor why the private equity firms want EDF's and NRDC's blessing for the deal. After talking with Marston, you agree that your report will cover three general areas: What is the …
… their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have failed to penetrate the market to the expected degree. Misalignment of incentives and perceived project risk are responsible for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way … 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 …