Tagged Finance

Offshore wind spending reaches record high in 2019

A late surge of offshore wind farm financings in the fourth quarter helped make 2019 a record year for the sector, while total investments in wind power capacity rose 6% year on year, according to new figures. Read Full Article Here For more great articles: Wind Power News & Analysis RSS Feed

Longroad Energy repowers 70 MW of Illinois wind projects

By WPED Staff Longroad Energy, a U.S-based renewable energy developer, owner and operator, announced the financial close and start of the repowering of two wind facilities in Minnesota: Community Wind North and Jeffers Wind. The projects are located in Lincoln and Pipestone counties; the combined output of the two facilities after repowering will be 70…

Loanpal secures more funding for residential solar loans

By Kelsey Misbrener Residential solar loan provider Loanpal announced it has expanded its partnership with Goldman Sachs to finance an additional $200 million in residential solar loans, bringing their total financing commitments to $635 million. Additionally, the partnership will now allow Loanpal to finance hundreds of new products for homeowners that make up the $200+…

Expect low oil prices in 2020; tendency toward recession

By Gail Tverberg Energy Forecast for 2020Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency toward recession can be expected. The extent of recessionary influences will vary from…

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