Energy Finance
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NADB approves loan for Rio Grande solar project
North American Development Bank, MIC Solar Energy Holdings LLC and Chevron Energy Solutions are teaming up to develop a new solar park near Presidio, Texas. North American Development Bank (NADB) has…
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EnerG2 marks first year at Albany plant
EnerG2, maker of engineered carbon material for energy storage, declared its federally funded plant in Albany a success Thursday, one year after opening its doors. The plant regularly employs about 25…
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Report claims developer of proposed coal terminals is 'awash in red ink'
Ambre Energy, the Australian company leading the charge on two proposed coal export facilities near Portland, is in a precarious financial position and needs $1 billion in new capital to make the projects…
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SolarWorld, still battling China, offers financing for American-made panels
Solar panel-maker SolarWorld, in its continuing battle against Chinese imports, on Tuesday unveiled a new customer financing program applicable only to American-made solar products. The German company,…
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SolarWorld CFO: Company 'committed' to survival
While analysts speculate about SolarWorld's uncertain fate, the company's CFO Phillipp Koecke is stalwart in defending the company's position. Portland Business Journal Reporter Erik Siemers posed some…
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Analysts size up SolarWorld's uncertain future
SolarWorld AG argues that its panels are the best on the market. That of all the workhorse, everyday-use solar panels out there, its are the most efficient. And the company has invested another $33 million…
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Beaverton School District unveils solar projects
REC Solar and Kenyon Energy christened a three-system solar project at the Beaverton School District last week, commemorating the third occasion the companies have successfully collaborated with Northwest…
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Tax ruling could make solar project finance easier
A San Francisco company may become the first firm allowed to raise money for solar-power projects as a REIT, the financing vehicle used in $640 billion of U.S. property ventures, according to Bloomberg…
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Wind energy projects saw a a record year in 2012
U.S. companies built record 13.2 gigawatts worth of new wind power capacity in the country in 2012, according to a study released by Bloomberg New Energy Finance. A large factor in the construction record…
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Oregon's largest solar array complete
The 5.7 megawatt solar array, known as Outback, that last year started sprouting up along the landscape in southeast Oregon's Lake County is finished and is generating power. The solar power plant is…
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Iberdrola: Uncertainty continues for wind project development
Iberdrola Renewables is again confirming its commitment to the U.S. market — and the Pacific Northwest — after reports that the company is abandoning wind projects in the face of a continued weak market…
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Google invests $200M in a Texas wind farm
Google plopped $200 million into a wind farm in west Texas. Spinning Spur Wind Project, located in the Texas Panhandle, would generate enough energy to power 60,000 homes, Google said on its blog. Google’s…
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SunPower's Portland office central to last week's blockbuster deal with Warren Buffet
When SunPower Corp. and Warren Buffet’s MidAmerican Renewables announced last week a blockbuster deal to sell what will be the world’s largest solar power plant for a price likely to surpass $2 billion,…
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SunPower sells world's largest solar project to MidAmerican
MidAmerican Solar, a subsidiary of Warren Buffett's MidAmerican Renewables, announced this week it would buy a sprawling 579-megawatt solar array that spans California's Kern and Los Angeles counties. Bloomberg…
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Last-minute PTC extension cheers Oregon businesses
A 13th-hour deal struck New Year's Day by Congress to avoid drastic fiscal cuts included a one-year extension of the federal Production Tax Credit — news that was greeted with applause by many of Oregon's…
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Gov. Kitzhaber releases final 10-year energy plan for Oregon
Gov. John Kitzhaber on Monday released the final version of his 10-Year Energy Action Plan, an outline for energy policy and focus for Oregon that sets out to improve energy efficiency across the state,…
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Debrief: The SolarCity IPO
Debuting at $8-a-share, SolarCity Corp.'s stock price jumped 47 percent on its first day of trading - besting the first-day-performance of any Bay Area cleantech IPO in the last five years, according to…
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SolarCity postpones IPO, lowers target
SolarCity Corp. has reportedly decided the climate isn't right for its stock market debut, two weeks after lowering the amount it planned to raise. Reuters cited an unnamed underwriter and a market source…
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Oregon State University installs two solar arrays
Oregon State University jumped ahead in the university system's statewide solar program, installing two ground-mounted solar arrays covering four acres. The arrays will fire up in January generating a…
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Analysts advise caution on SolarCity IPO
Time is running out if SolarCity is going to make its stock market debut this week as expected. Investors are cautiously eyeing the San Mateo company's plans to raise $151 million by selling 10 million…
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SunEdison sets up $314M financing for South Africa solar projects
SunEdison LLC arranged $314 million in funding for two solar projects in South Africa. The company, a subsidiary of MEMC Electronic Materials Inc. (NYSE: WFR), is using both debt and equity financing…
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Lake County adds massive solar array to its renewables roster
The largest operating utility-leased solar facility in Oregon — PacifiCorp’s 2-megawatt solar array in Lake County — is grid-connected and generating power. Community, state and company leaders gathered…
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For Vestas, a new boss as winds change
Martha Wyrsch came to Vestas as the wind turbine market was sinking from the global financial crisis and she set about rewriting the company's sales strategy. More than three years later, the up-and-down…
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Kitzhaber to urge Congress to pass wind tax credit extension
Gov. John Kitzhaber on Tuesday will play a leading role in urging Congress to immediately pass an extension of the federal Production Tax Credit for wind energy. The Governors Wind Energy Coalition, a…
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Winds shifting in presidential debate over tax credits
Federal subsidies to clean technology companies have been one of several wedge issues during this presidential election cycle. While the failure of California solar energy products startup Solyndra has…
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